银行资本约束下货币政策传导机理的“扭曲”效应被引量：19

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摘要巴塞尔协议的施行,在微观审慎监管层面对商业银行的风险偏好、信贷行为和资产结构产生影响的同时,也对宏观经济的运行和调控带来了明显的摩擦效应。本文对资本约束下宏观调控与货币政策传导机理变化之间关系的前沿研究进行了系统的追踪和梳理,结果表明:严格的资本约束不仅改变了传统的货币政策传导效应,还产生了新的传导机制,使货币政策效应发生"扭曲"。

作者黄宪熊启跃

机构地区武汉大学经济与管理学院

出处《经济学动态》 CSSCI 北大核心 2011年第6期119-124,共6页 Economic Perspectives

基金国家自然科学基金项目"货币政策传导的银行资本渠道"的阶段性研究成果项目编号:70573079

关键词宏观调控货币政策传导银行资本约束

分类号 F831.1 [经济管理—金融学] F821.0 [经济管理—财政学]

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