我国银行理财产品发展规模对货币政策传导机制的影响研究2838695.doc

我国银行理财产品发展规模对货币政策传导机 制的影响研究 摘 要 关于银行理财产品的概念，最早是源于中国银行为了扩大外汇的对公客户数量而提出的。而随着中国经济的持续发展，银行理财产品已经成为了银行、证券、保险等金融业发展自身业务的重要途径。目前我国金融市场的利率市场化改革刚刚起步金融环境一定程度上促进了银行理财产品的发展。银行理财产品；货币政策；银信合作产品The Study on The Effect of The Development Scale of China’s?Bank-financing?Products?on? ? Monetary Policy?Transmission?Mechanism Abstract The?concept?of? bank?financial?products?was?firstly?put?forward?by?the?Bank?of?China?for?purpose?of?increasing?the?number?of?foreign?exchange?business?customers.?However,?with?thesustainable ?economic ?development? of? China,? bank? financial?products?have?become an ?important?way?for?the?financial?industry?like?banks,?securities?and?insurances?to?develop?their?own?business.? Currently,?the?development?of?China’s financial?market?still?lags?behind? and? the? reform ?of?interest ?rate? liberalization?has?just?started. ?Besides,? banks,? securities?andinsurances? are? all?managed?and?supervised?separately?and?such? financial?environment?has improved? the ?development?of?financial?products?to?some?extent.?However,?the?development of? financial?products?has?changed?the? financial?market?environment,?thereby?influencing?the effective?operation?of?the?conduction?mechanism?of?monetary?policy.?Especially,?some financial?instruments?have?not?received?effective? financial?regulation, ?which?exerts? certain Impacts ?on ?the? effective ?implementation?of ?monetary?policy.? As?a?result,? the?efficient ?operation? of market ?is?disturbed?to?a?gr-eat?extent.?Through?analyzing?the?effects?of?bank? Financial ?products? development?on?China’s?conduction?mechanism?of?monetary?policy,?the? Connection ?between them? will? be?found?out?an-d?relevant?policy?advices?will?be?obtained, which?has?certain?effects?on?the?efficient?implementation?of?monetary?policy. Firstly, the paper introduces the development history of bank financial products, divides it