社会融资结构变化对我国货币政策信贷渠道影响.pdf

最后通过以上的理论和实践的研究分析，对全文进行总结得出相关结论， 结合当前不断变化的社会融资结构的背景，围绕我国货币政策在调控过程中可 能出现的问题，以优化货币政策操作，提高货币政策效力为出发点和目标，提 出了增强我国货币政策传导效用的相关政策建议：一是建立包括社会融资规模 变量这一新型的中介目标体系；二是大力发展债券市场，推进资本市场直接融 资的发展；三是进一步加深商业银行体制改革，疏通我国货币政策信贷渠道的 传导。 关键词：社会融资结构；货币政策；信贷渠道；传导机制；融资规模 II 万方数据 Abstract Sincethereformand financialmarketofour has a opening，the countrykept reformandenrichofthefinancialhas avital rapiddevelopment．The systemplayed rolein theefficient ofourfinancialand thereal ensuring operation systempromoting economicandsocialsustainable inChina．Inrecent growth development years，along financial 淅ththeinnovationofa offinancialinstrumentsand variety products，the institutionsandthediversificationof offinancial financingchannels， development thefinancialinOur hasbeen enriched．Thesocial system country greatly financing scalealsohasaobvious traditionalof hasalsobeen wayfinancing expansion．The totheinnovative whichWas tothe graduallytransforming financingway adapted market inthe havetaken inOursocial economyprocess．Greatchanges place structure．TheCOreofthefinancialissocial financing system structure，and financing thefinanci