后危机环境下货币政策框架的演变

A. Samarina, Nikos Apokoritis
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引用次数: 5

摘要

本文评估了发达经济体14家央行在2007-2018年期间货币政策框架的变化。我们对其货币政策策略的演变得出了几个结论。中央银行有一种倾向,趋向于更狭义的通胀目标,并降低目标的(中间)点。此外,中央银行的透明度和承诺得到加强,货币政策工具得到扩大。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Evolution of Monetary Policy Frameworks in the Post-crisis Environment
This paper evaluates the changes in monetary policy frameworks made by 14 central banks in advanced economies over the period 2007-2018. We draw several conclusions about the evolution of their monetary policy strategies. There has been a tendency among central banks to move towards more narrowly defined inflation targets and to lower the (mid)point of the target. Additionally, transparency and commitment of central banks have been enhanced, and monetary policy toolkit has been expanded.
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