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公开市场操作可行性分析与市场业务实施构想吴方伟,房汉廷一、引人公开市场业务的必要性与可行性1.1经济市场化迫切要求货币政策工具间接化。众所周知,实施货币政策的工具基本有两种,一是依靠直接工具,二是依靠间接工具。在使用直接工具的情况下,中央银行通过控制...
Feasibility Analysis of Open Market Operations and Implementation of Market Operations Fangfang Fang and Fang Hanting I. Necessity and Feasibility of Introducing Open Market Operations 1.1 Market-oriented economy urgently requires the indirectness of monetary policy instruments. As we all know, there are basically two kinds of tools for implementing monetary policy. One is to rely on direct tools and the other is to rely on indirect tools. In the case of direct tools, the central bank controls ...