摘要
每一次的经济危机爆发,在冲击着整个金融体系的同时,也推动着金融研究的不断向前发展。美国次贷危机爆发以来,影子银行膨胀式的发展及其对整个金融体系的影响成为金融研究的热点课题。本文将对影子银行如何作用于货币政策工具、货币中介指标和货币政策的传导机制进行分析,探究在影子银行快速发展的今天,如何加强货币政策的有效性。
Every time the economic crisis broke out, in the impact of the entire financial system,but also to promote the continuous development of financial research. Since the outbreak of the US subprime mortgage crisis, the expansion of the shadow bank and its impact on the whole financial system has become a hot topic in financial research. This paper analyzes how the shadow banks act on the monetary policy instruments, monetary intermediary indicators and the transmission mechanism of monetary policy, and explores how to strengthen the effectiveness of monetary policy in the rapid development of shadow banks.
关键词
影子银行
货币政策
货币政策调控工具
货币政策传导机制
shadow bank
monetary policy
monetary policy control tool
monetary policy transmission mechanism
