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货币政策规则理论的一个新视角:McCallum规则 被引量:3

A New Perspective on the Theory of Monetary Policy Rules:theMc Callum-Type Rule
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摘要 本文回顾了麦卡勒姆规则的产生及其各种扩展形式,并通过与其他货币政策规则尤其是泰勒规则的比较,揭示了麦卡勒姆规则的特点和优势,最后提出,麦卡勒姆规则可以为衡量中国货币政策的松紧程度提供一个政策参考指标。 This article reviews the production of the McCallum-type rule and its each kind of expansion forms,and reveals the characteristics and the advantages of the McCallum-type rule by contrast with other monetary policy rules and especially with the Taylor Rule.Finally the paper proposes that the McCallum-type rule may provide an important reference norm for the operation of monetary policy in China.
作者 刘珏
出处 《中南财经政法大学研究生学报》 2006年第6期27-33,共7页 Journal of the Postgraduate of Zhongnan University of Economics and Law
关键词 麦卡勒姆规则 货币政策 泰勒规则 The McCallum-Type Rule Monetary Policy The Taylor Rule
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参考文献7

  • 1(美)卡尔·E.瓦什(Carl,E.Walsh)著,王芳等译..货币理论与政策[M].北京:中国人民大学出版社,2001:406.
  • 2McCallumBennett T.“The Case for Rules in the conduct for Monetary Policy:A Concrete Example,”[].Federal Reserve Bank of Richmond Economic Review.1987 被引量:1
  • 3John P Judd,and Brian Motley.Nominal Feedback Rulesfor Monetary Policy[].”Federal Reserve Bank of San Francisco.1991 被引量:1
  • 4McCallumBennett T.Alternative Monetary Policy Rules:AComparison with Historical settingsforthe United States,the Unit-ed Kingdom,and Japan[].”Federal Reserve Bank of Richmond Economic Quarterly.2000 被引量:1
  • 5McCallumBennett T.Issues inthe Design of Monetary Policy Rules[].”NBER Working PaperNo.1997 被引量:1
  • 6McCallumBennett T.Could a Monetary Base Rule Have Prevented the Great Depression?[].”Journal of Monetary Economics(.1990 被引量:1
  • 7Michael J Dueker,and Andreas M Fischer.“A Guide to Nominal Feedback Rules and Their Use for Monetary Policy,”[].Federal Reserve Bank of StLouis Review.1998 被引量:1

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