国库现金管理对我国货币政策的影响:一个实证分析

中央财政管理的国库资金是社会资金流量中的一个重要组成部分,对中央银行制定货币政策、调控货币供应量和公开市场操作都影响重大,在现代市场经济条件下,国库已成为连接财政和金融的窗口和桥梁,对财政政策和货币政策的有机配合发挥着重要的作用。本文以近年来我国正在开展的国库集中支付制度改革为背景,实证分析了国库现金管理对我国货币政策格局的影响,提出了我国进一步提高国库管理水平、加强货币政策管理的政策建议。

The Impact of Treasury Cash Management on China's Monetary Policy:An Empirical Analysis

Treasury fund managed by central government is an important part of social funds,and has great impact on monetary policy making,money supply management and open market operation.In modern market economy,treasury fund is becoming an important nexus in the cooperation and coordination of monetary policy and fiscal policy.The article studies China's treasury management system reform and analyzes the effect of the treasury cash management on China's monetary policy.Finally,the article puts forward some suggesti...