摘要
随着金融市场的快速发展,中央银行的流动性管理越来越多地通过金融市场的平台来进行。金融机构作为金融市场的主要参与者,其流动性管理模式应当纳入中央银行的考察视野。为此,本文从宏观与微观流动性的基本定义出发,分析了中央银行宏观流动性管理与金融机构微观流动性管理的内涵与联系,以及中央银行关注微观流动性管理的必要性。最后,本文就如何关注微观流动性管理问题提出了几点建议。
With its rapid development, liquidity management of the central bank has been increasingly depending on the financial market. As the main participants of financial market, the liquidity management of financial institutions should be observed by the central bank. Based on the basic definitions of macro liquidity and micro liquidity, this paper analyzes the essence and relationship between macro-level liquidity management of the central bank and micro-level liquidity management of financial institutions. In addition, this paper explains the necessity for the central bank' s attention to micro-level liquidity management. Finally, some suggestions are raised for the central bank on how to do it.
出处
《南方金融》
北大核心
2008年第2期10-12,18,共4页
South China Finance
关键词
中央银行
宏观流动性管理
微观流动性管理
Central Bank
Macro-Level Liquidity Management
Micro-Level Liquidity Management