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The monetary policy transmission mechanism refers to the use of monetary policy tools by relevant departments and banks.
The transmission pathways and mechanisms that affect the intermediary indicators and ultimately achieve the established policy goals.
The monetary policy transmission mechanism refers to the process from the application of monetary policy to the realization of monetary policy objectives, and whether the monetary transmission mechanism is perfect and improved directly affects the implementation effect of monetary policy and its contribution to the economy.
There are generally three basic links in the transmission path of monetary policy.
The order is:
From relevant departments, banks to commercial banks and other financial institutions and financial markets.
The operation of the monetary policy tools of Liang Fengmen Bank of the relevant department will first affect the reserves and financing costs of commercial banks and other financial institutions.
creditworthiness and behavior, as well as the state of money supply and demand in financial markets;
From financial institutions such as commercial banks and financial markets to non-financial sectors such as enterprises and residents, various economic actors. Commercial banks and other financial institutions adjust their own behavior in accordance with the policies and operations of the relevant departments and banks, so as to control the consumption, savings, investment and other economic activities of various economic actors.
make an impact; From non-financial sector economic actors to various economic variables in society, including total expenditure, total output, prices, employment, etc.
Extended Materials: Refining the Methodology
1.Handle the state-owned commercial banks well.
The relationship between the reform of grass-roots branches and the return of services.
2.Pay attention to the new problems that may arise from the centralization of credit to large enterprises by the head office and provincial branches, as well as the accession to the WTO and the entry of foreign banks. For example, if the provincial branches and head offices of state-owned commercial banks concentrate their funds in favor of key cities, key industries, and key enterprises, they must pay attention to preventing non-performing assets.
The transfer of the birthplace from the grassroots branch to the provincial branch and the head office has caused new financial risks.
3.Efforts should be made to adjust and optimize the personnel structure, age structure, knowledge structure and professional structure, and establish a workforce that adapts to market-based credit delivery, so as to meet the urgent needs of loan business development under the new situation.
In principle, the establishment of new local financial institutions should be set up in the form of a joint-stock system, with as much as possible to diversify equity rights, with enterprise and individual shares as the mainstay, and establish a truly standardized property rights restraint mechanism and risk prevention mechanism, so as to become a real commercial bank.
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There are mainly three types of channels, the first is through investment expenditure channels, the second is through consumption expenditure channels, and the third is through international channels.
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Answers]: a, b, c, d
Different theories of monetary policy transmission mechanism put forward different channels for the transmission of monetary policy, which mainly include interest rate channels, credit channels, asset channels, and exchange rate channels.
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Answers]: a, b, c, d
Different theories of monetary policy transmission mechanism put forward different transmission channels of monetary policy, which mainly include interest rate channels, credit channels, asset channels, exchange rate channels, etc. The exchange rate channel is also known as the international ** channel.
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Answer: A, B, C, D
Different theories of monetary policy transmission mechanism put forward different monetary policy transmission channels, which mainly include interest rate channels, credit channels, high-capital channels, exchange rate channels, etc. Among them, the exchange rate channel is also known as the international ** channel.
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Answer]: c
Different theories of monetary policy transmission mechanism put forward different monetary policy transmission channels, which mainly include interest rate channels, credit channels, capital and hail channels, exchange rate channels, etc.
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1. The monetary policy transmission mechanism is the transmission path and mechanism for the bank to use monetary policy tools to influence the intermediary indicators, and then finally achieve the established policy objectives. The monetary policy transmission mechanism refers to the process from the use of monetary policy to the realization of monetary policy objectives, and whether the monetary transmission mechanism is perfect and improved directly affects the implementation effect of monetary policy and its contribution to the economy.
Since the beginning of the year, in response to the decline in domestic economic growth, weak domestic consumer demand, and the emergence of deflation, the People's Bank of China has continued to appropriately increase the amount of money, reduce interest rates and other expansionary monetary policies, which have achieved certain results. Overall, however, it has not been able to achieve the desired goals.
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1. The monetary policy transmission mechanism is the transmission path and mechanism of the first bank to use monetary policy tools to influence intermediary indicators, and then finally achieve the established policy objectives. The monetary policy transmission mechanism refers to the process from the application of monetary policy to the realization of the policy goal of monetary currency easing, whether the monetary transmission mechanism is perfect and improved, which directly affects the implementation effect of monetary policy and its contribution to the economy;
Since the beginning of the year, in response to the decline in domestic economic growth, weak domestic consumer demand, and the emergence of deflation, the People's Bank of China has continued to appropriately increase the amount of money, reduce interest rates and other expansionary monetary policies, and have achieved certain results. Overall, however, it has not been able to achieve the desired goals.
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