摘要
理论与实践均表明,货币政策和股市之间存在着较为密切的互动关系。从货币供应量、利率、消费、投资等方面与股价波动的相互影响关系出发,通过考察中国的货币政策和股市之间的互动关系可以发现:在股市发展已经使货币政策的作用基础发生重大变化的新的金融环境下,货币政策应关注股市,防止股市大起大落。
Both theories and practice indicate that there is a close interactive relationship between monetary policy and stock market. Viewed from interactive influential relationship between such aspects as monetary supply,interest rate, consumption, investment, and stock market, we may find that undera new financial environment in which the development of stock market has made the functional base of monetary policies a significant variation, monetary policies should be made with a focus on stock market so as to prevent it from sharp rising and falling.
出处
《河南金融管理干部学院学报》
北大核心
2003年第2期33-36,共4页
Journal of Henan College of Financial Management Cadres