货币政策透明度

货币政策透明度指数：理论方法与实证检验

Index of Monetary Policy Transparency : Academic Methods and Empirical Test

基于市场预期行为的货币政策透明度检验

Empirical Testing of Monetary Policy Transparency Based on Behavior of Market Expectation

货币政策透明度制度兴起的背景分析

An Analysis on Rising Background of Transparency Institution in Monetary Policy

从通货膨胀目标制看货币政策透明度建设

A Study on Transparency of Monetary Policy from Inflation Targeting Perspective

货币政策透明度、通胀偏差与预期成本

Transparency of Monetary Policy , Inflationary Bias and Expectations Costs

关于货币政策透明度评估指标体系的研究

Research on the Measurement of Transparency of Monetary Policy

第二个实证研究是关于货币政策透明度决定因素的方面。

The second empirical study is about the determinants of transparency of monetary policy .

货币政策透明度实践的比较分析及启示

Monetary Policy Transparency Practice : Comparison & Implication

再则，本文分别就中央银行独立性、货币政策透明度的分项指标对通货膨胀波动率进行了相关性检验。

Furthermore , the paper tests the relevance between independence , transparency sub-indicators and inflation volatility respectively .

与早期相比，现在的中央银行的货币政策透明度有巨大的提高。

Comparing with the early period , the transparency of the modern central bank has a huge increase .

本文研究得出了如下结论：首先，从货币政策透明度的理论研究成果看，透明度是一把双刃剑，并非越高越好。

The following are the conclusions of this paper : First , theoretically , transparency is a two-edged sword .

货币政策透明度是中央银行的政策性私人信息披露，它与信息对称或确定性相对应。

The transparency of monetary policy is the release of private information relative to central ~ bank 's policy and corresponds to information symmetry or certainty .

最后一章运用了理论分析基础，对我国的货币政策透明度实践情况、问题做了简要分析，并提出了相应的政策意见。

The final chapter analyzes the current situation of Chinese monetary policy transparency , made a brief analysis of the problem and the corresponding policy advice .

货币政策透明度是指建立在货币政策信息对称基础上，中央银行与公众之间的有效沟通和共同理解。

Transparency of monetary policy refers to the effective communications and mutual understanding between the central bank and the public based on symmetric information regarding the monetary policy .

我国中央银行近年来在多方面致力于货币政策透明度的提高，但在提高信息沟通的有效性方面仍需进一步完善。

PBC was devoting variously in recent years to the monetary policy transparency enhancement , but was enhancing the information communication the valid aspect also to need to further consummate .

货币政策透明度是指中央银行与市场主体之间关于货币政策相关信息的沟通情况，可分为广义透明度与狭义透明度。

Monetary policy transparency is the communication situations on monetary policy information between Central Bank and other market participations . It can be divided into generalized transparency and narrowed transparency .

本文从如何度量货币政策透明度的角度出发，介绍了国外关于货币政策透明度评估体系的研究，通过建立透明度指数来量化货币政策的透明度，以及对不同国家透明度进行评估和实证检验。

From the measurement of transparency of monetary policy perspective , the paper introduces the abroad study about evaluation system of transparency of monetary policy , and its evaluation and empirical results .

分析发现，货币政策透明度对于促进经济主体的学习过程，稳定和引导公众的通胀预期，进而提高货币政策的有效性有着至关重要的影响。

The results showed that : Monetary policy transparency has crucial effect on boosting the process of agent learning , steadying and guiding market inflation expectation , and improving monetary policy effectiveness .

因此，本文通过借鉴实施通货膨胀目标制的西方发达国家的成功经验，探讨我国应如何加强货币政策透明度的建设，提高货币政策有效性。

This paper uses some successful experience from developed countries for reference , and puts forward some suggestions about how to improve the transparency of monetary policy and enhance the efficiency of monetary policy in China .

货币政策透明度是指非对称信息在政策制定者与其他经济主体之间的披露程度，它包括中央银行对政策相关信息的披露程度以及公众对政策信息的理解程度两层内涵。

Monetary policy transparency means the extent of information disclosure from policymakers to public . This description includes two aspects : the extent of information disclosure from policymakers to other economic organizations , and the extent of public understanding of policy information .

通过考察金融市场参与者的行为变化或分析市场利率在政策公告后的变化趋势，可以间接对货币政策透明度进行度量；

Monetary policy transparency could be measured by analyzing the reactions and behavior change of market participants after policy announcement . On the basis of the above , monetary policy transparency is tested empirically by using financial data in China in this paper .

通过分析，本文发现确实有经验上的证据表明货币政策透明度的提高有助于改善货币政策可信度，并且货币政策透明度的良好国际实践在改善货币政策可信度方面取得了预期效果。

Through the analysis , this paper finds empirical evidence that increased transparency of monetary policy will help improve monetary policy credibility , and the enhancement in transparency of monetary policy have achieved the desired effect in improving the credibility of monetary policy .

提高货币政策的透明度正在成为一种国际趋势。

Improving the transparency of monetary policy is now becoming an international trend .

我国货币政策的透明度及效应分析

Analysis of Effects on Transparency of Chinese Monetary Policy

前瞻性泰勒规则能提高中国货币政策的透明度。

E the anticipatory Taylor 's rule could enhance the transparency of monetary policy .

近年来，提高货币政策的透明度正在成为一个国际趋势。金融市场这项基本特征被普遍称为透明度。

Recently , to increase the transparency of monetary policy has become a trend globally .

同时，进一步提高中央银行独立性和货币政策的透明度，加快汇率制度和利率市场化改革以疏通货币政策传导渠道是实行通货膨胀目标制的关键配套措施。

At the same time , further enhancing the transparency of monetary policy and central bank independence , speeding the exchange rate system and the interest rate mercerization reform to clear the monetary policy transmission channels inflation , are key supporting measures of adopting IT .

20世纪90年代以来，提高货币与金融政策的透明度被越来越多的国家列为金融制度建设的重点。

More and more countries list enhancement of central bank transparency as focal point of financial system 's construction from the 90s of the 20th century .

根据这五个影响因素的特点，本文将其分为货币政策体制特征因素（包括中央银行独立性、责任性和货币政策透明度）和行为特征因素（包括中央银行言行一致性及其过往业绩）两类。

They will be divided into two kinds : institutional characteristic factor ( including central bank independence , accountability and transparency of monetary policy ) and behavioral characteristic factor ( including the history of central bank honesty and its history of fighting inflation ) .

从20世纪80年代初开始，各国中央银行货币政策的操作摈弃以往的隐秘性惯例，逐渐走向透明化，货币政策透明度开始成为金融学者研究的重要课题。

From the beginning of 1980s , the operation of many countries ' Central Bank starts to abandon the former secret convention , and gradually moves towards transparent . Monetary policy transparency becomes to be an important topic to finance researchers .