次贷危机后美联储非常规货币政策及退出机制分析——基于美联储资产负债表的视角

贾林果

次贷危机后美联储非常规货币政策及退出机制分析——基于美联储资产负债表的视角

引用本文：贾林果.次贷危机后美联储非常规货币政策及退出机制分析——基于美联储资产负债表的视角[J].财经理论与实践,2013,(3):29-34

摘要点击次数: 1764

全文下载次数: 51

作者	单位
贾林果	（北京师范大学经济与工商管理学院,北京100875）

中文摘要:次贷危机发生后，很多国家中央银行都采取了大量的非常规货币政策来确保金融系统的稳定和促进经济增长，尤其以美联储的非常规货币政策最具代表性。虽然非常规货币政策复杂多变，但是通常在央行资产负债表中清晰记录。借助于美联储资产负债表，能够全面梳理次贷危机后美联储的非常规货币政策，有助于深入理解非常规货币政策的实施和退出机制。

中文关键词:非常规货币政策资产负债表量化宽松

Fed's Unconventional Monetary Policy and Exit Strategy after the Subprime Mortgage Crisis: From the Fed's Balance Sheet Perspective

Abstract:In response to the subprime mortgage crisis, many central banks have been taking a lot of unconventional monetary policy to ensure the stability of the financial system and promote economic growth, among them the Fed's unconventional monetary policy is a representative one. Unconventional monetary policy are complex and variable, however, it usually can be find the trace in the balance sheet of the central bank. With the Fed's balance sheet, the Fed's unconventional monetary policy after the subprime crisis has been sorted out. The results are able to help understand the implementation of unconventional monetary policy and exit mechanisms.

keywords:Unconventional monetary policy Balance sheet Quantitative easing

查看全文 查看/发表评论 下载pdf阅读器