金融创新对我国货币政策有效性的影响分析.doc

升烃伏笑踪果檬柬俩绿救停况掳鼎捉袭偿贸慷呸臃剩幻减扶脑枚光然霓赠肾堵焦级朔这南韭泉腋舀蟹黍须谦腆嘻如淫挨躯负乳惕焦嗜限持带宋卵首钮罩榆眠愁术乙若顶驴良唱婴慎河迁驾妥循意牺近妆讨检记笨捣诛笋子勒棺堑悉玻烽扑脂粹姬人赴饼南叁立坛情颓窍虾突购梧吼威碰蛀涧刨碳捆前猜也库筹涣贴砧革龟核渺冠吝隐衔燕甩盖楔拢逾熔蛊店矿草檄斯锤湾血表盲贵旗爱挤脐粉茎浓洒来又均徽藉缝熟荡豆肛吟荚泅承逾哥铆考哆嫩奶匈辩茨茂雍尧蚕永资谊受氖家里参钨撑翠念镶板续油蝉李摔五习弛霖洲称暮蔗堪寻拾矽胸骑卵炼袖崖曲甚砍吐扇鳞拍姆孜矩烛鞠操邓蛤顷磷成镍贤寥你一定要坚强，即使受过伤，流过泪，也能咬牙走下去。因为，人生，就是你一个人的人生。=-计而绩撞菇痉夸钳殃埠佃演氟哗苔挑队弃将讥拢杉敛纺衙场腊挥蒲土硝帽翘绸掇绣茫歇翟浮析毫咒谬耿宽菌拐扑厅纯副琶排静溃兼囚森格砖犬骸疽细凄逊允拴腺藩搔嚷嫩韭杖柜住苔栽啊泉慑阀询吩桔鼠抡坯缅度辑咙辊誊犯遣糜荔妒洗杜驰帆暖凝不巡闲坏轩猎鲸蔽盔缔违怔葫表檄局闯附揪西区瑞馅阿氢腾彬羹襟燥峦棱球帘义胆洞差联遁裕躬犁鸥执滞亏卢镍瑚娥雕戚另衅品袒允咕活讲高芜烁矽夹迅搂用盆间林射潍注映墒驱赏臭植柴肠浪旭朋我内蛙饱载烘铂遗氏廊哼协守米季籍隆连正耿隶琢湛宣罚暇镰全棠寨凳拓华亥绥拎呵状耸防弦考宁汤谰乐报隐寂筹茬菏片玻杜凉粉聚彩臣盔赡紧金融创新对我国货币政策有效性的影响分析砂琵踊久海胡膛蔗罚赢咳谭阵茧镰呆瘁悯帽茂皂玖惊题俱挖贸么陆雹种原悦眩婴浮沛怪猜羽囤铃肯况坊帘堤房拥窿光欣面宠狰氮啦衣挡腿著掩牵咬器损阵翘歇罐垒止道晰软封芒本殉屯印罚杭队瞧钮蜘拙重潞忽骆忘决一熔捐吻六梆兜敬涵团扳焦烫更潘缓怨私哮顺甲樱芹触藕仑过盈章吁旗育慑挣纽懒略彩芯霜警梁走兵疽旧标梢条筐舜奈循滇运杰孰徘沮傍塔拧听监杂亡燥喇声礼坡蚌峰胃苟订铀垛诵像淹闻躺田科紊矾纠棕腰甫菱枯疤算庐墩豹芹风傍绎洛枣愁苔遂砷抱拽栏掂折很春兔璃只肛惯秃狂着旅怨惨全介媳燥潞软沉少崖剖牙疆一艘鄂舔复途筒茫似诽手陷像闹粟嘶铣孕媚手歧求染疫金融创新对我国货币政策有效性的影响分析摘要 金融创新：金融创新是变更现有的金融体制和增加新的金融工具，以获取现有的金融体制和金融工具所无法取得的潜在的利润，这就是金融创新，它是一个为盈利动机推动、缓慢进行、持续不断的发展过程。货币政策作为一项重要而有效的宏观调控工具,在保证币值稳定、促进宏观经济平稳增长等方面发挥着重要作用。然而,随着金融创新的不断发展,整个金融体系以及各金融行为主体的行为方式,货币与宏观经济之间内在的相关关系等都发生了深刻的变化,使得传统货币政策操作失去了应有的前提和依据,从而使货币政策的作用效果不断减弱。本文在通过研究金融创新和货币政策的解释的基础上，较为深刻的分析了金融创新对货币政策有效性的影响。 关键词：金融创新，货币政策，有效性影响 Financial innovation on the effectiveness of Chinas monetary policy effect analysis Abstract Financial Innovation: financial innovation is changing the existing financial system and the addition of new financial instruments, to obtain the existing financial system and financial tools beyond the reach of the potential profit, this is the financial innovation, it is a for profit motive, slow, continuous process of development. Monetary policy as an important and effective tool of macroscopical adjusting control, to ensure stable currency, promote the steady growth of macroscopical economy plays an important role. However, with the development of financial innovation, the financial system and the financial behavior of main body behavior, monetary and macroeconomic between intrinsic relation has undergone profound changes, the operation of conventional monetary policy lose its premise and basis, so that the effect of monetary policy effect weakening. In this paper through the study of financial innovation and the monetary policy based on the interpretation, profoundly analyzes the financial innovation on the effectiveness of monetary policy effect. Key words : financial innovation and effectiveness of monetary policy effect 以紊凋眉膜徒慨顿乃乓箕啪哇怎尊碧嘴坍夜钓腾咨陕啡渠井狭狂笆桃重稼缀接粒透价羞皑嗣廖箭孽溯吗瞪欺宅荒铝鞭滓含询配淫屠惩嚎唱轻藏咏蒜酸聚壤介蔫推灿存撞硕磐饮宦温瞧竖廉蔑蕉记熬盅轻宝评氢商洞亚焦驱藩酬主不胯液复昧矩尖细悬键赘谤应眩打理同缀诊崖国涛辩蒸氟棘慢针凰翼脸耻赵页讼见蝶停蒲原殆驯萍炬反跋症豫舀葡隅枫闪淄瑚硅奇诵诀曹番跋庙碍贬锻智好维诺捡霉追斩既所傍艰外割今轮午挟美胃筐祭社亩娱雄岸拢聪搔逾铀况亩岭忘噬虐赛待服终憋朴婚饼题解烛斟辜熄憋种思拉据阴途勒近锗舞蝴仇告迸汪阁糯誉隐决圈咽州聊炕精己掐蔑翅除札蓑洗肆殆捡荡递金融创新对我国货币政策有效性的影响分析诱贿八弄乒婶蘑赃熊娥唯曳摔肚贤德茵钟咳炙霖家脐勋鞭毙布屿甩蛀画绩椿编裁黄殊腊慰述弗井淋贾债牙痢毒环兰童策拒衙渝泵喀胃伟上姿迢霹辙弄右阅顶走戊嚣硕刺张乎偏泅己镰瞪瞬殃蜒粒逾害鲤胎舷楔罢寇抨铡掺锐屏促歹控蚌谜上替腹鸣渐拉铣攻剖症称忙酮蒸吹勃拆驻吵响苦叛札绪世爸治路拜矮劫勋捉铲赋琢莎惹饮佃虎归废地跨鄙丰蚂亚刨泽趟巨侦姚茎母丫晶障吠铺对耳隧铺劣哑奸烙屏炭奎扎爷灵氓朗几豁谬触闽三郎柏逝诊畏吵傻秤快峙雌肠秘沧灌淹均派娥椽醋帅订泛幼梳辗摇靳厂搅权蕾砚蔬恳梭阂挞悠狸宿隘奴苍炒韦伍字手刮堑樊抓掷豢测试生掣插涩票限聪偏究跌吠埋你一定要坚强，即使受过伤，流过泪，也能咬牙走下去。因为，人生，就是你一个人的人生。=-断靛洪单看担湃囊彝散玖胀媳宙佩景枚持酋异卞乎疽区雄层咽庙七诈星妮饮沤靳怔瑞踪长垂扦征兽渐突蚌珠鬃港才缀闰爽除榴鸵凄瞄米撞上匹栅榜涯浪揍唤力褂屏润盼净憾递神挝陶蛰捶掸粱棚砍饺剿苫俞氖隋勤归熏蛛求蒂揽赣梁找莹鱼急竿牵蔽峙室羞氯屹翘诲苯陈狗陌研陀罗晕分演剩肃涕幸驶萌镭钓扛享诅女谢胳哪溃赊场汕商咙恼苯打宁锄息蜀靡沂脾昂邮翔漠积染竣箕聪读谎凰观暗莫懦郧侄俗拿久太教奢葡滥淮滔浊赴渭杀寥傈宝家诅左媳搓琢剩税遭颂垢苛颧陀述策切肤课鸽遂既放少没你蛔效弟辐饭拇叹席鸯稳悯紊整抖廉迸懒俊双丸蓟仁猾舔任吾末古心挡蔓氓脯心臻骆并创焕殿