【ECON20141217】  
      宏觀經濟學研討會          
     
 
【時間】2014年10月29日（周三）12：15－13：45  
【地點】明商0302教室  
【主講】王燦  吉林大學經濟學院  
【主題】Has the Financial Crisis Permanently Changed the Practice of Monetary Policy Has It Changed the Theory of Monetary Policy (written by Benjamin M. Friedman, NBER Working Paper, 2014)  
【摘要】I argue in this paper that one of the two forms of hitherto unconventional monetary policy that many central banks have implemented in response to the 2007 financial crisis - large-scale asset purchases, or to put the matter more generically, use of the central bank’s balance sheet as a distinct tool of monetary policy - is likely to become part of the standard toolkit of monetary policymaking in normal times as well. As intended, these purchases have lowered long-term interest rates relative to short-term rates, and lowered interest rates on more-risky compared to less-risky obligations. Moreover, their introduction fills a conceptual vacuum that has long stood at the heart of monetary policy analysis and implementation.   
【主持】陳彥斌 教授  
 
 
人大宏觀經濟學研討會（Macro Workshop）旨在追蹤宏觀經濟學國際最新進展，倡導構建符合國情的動態優化模型，并使用計算機模擬研究經濟增長、收入分配和宏觀政策等中國宏觀經濟重大問題。  
 
 
聯系人：郭豫媚    Email：Macro_Workshop@163.com  
資料下載：www.docin.com/mydoc-88265459-1.html  
 
 
更多講座信息請訪問：www.dehf4y.cn，www.yanjiuyuan.com.cn  
 
 
     
         
         經濟學院          中國經濟改革與發展研究院