金融结构多元化与货币政策传导效率-金融学专业论文.docxVIP

Ab Ab stract The research between financial structure and the transmission of monetary policy is dynamic perspective，which is associated with many research aspects of the financial economics．It not only relates to the central banks，commercial banks，financial market and other monetary policy variables，but also has a very important link with the government，enterprises，the public and the Department of foreign economic．What we call the‘‘dynamic’’means that country’S financial structure，with the development of the domestic economic structure and economic development，is in constant development and change．The financial structure is the transmission media of national monetary policy．A country’S monetary policy must be through and depend their financial structure to play its function of macro。control the national economy and express its effect on the real economy,which is the transmission mechanism of monetary policy．Because of the dynamic changing of the financial structure，the state must take the actual situation its roots they formulate the monetary policy，adjust and innovate each stage target and tools of the monetary policy to correspond to the states of financial structure and economic．In this way，we can improve the integrating degree of them and finally improve the transmission efficiency of monetary policy． This paper just analyzes the transmission efficiency of monetary policy from the perspective of financial structure．Based the current phenomenon of fmancial structure diversification in China，it analyzes country’S transmission efficiency of monetary policy in theoretical and empirical methods。The transmission mechanism of monetary policy includes the credit channel and the interest rate channel from the traditional view．But with the diversification of financial structure and the widening and deepening of the financial market，there some extra capital market channel and exchange rate channel．Because the effect of exchange rate channel is not obvious，in this paper,w