货币政策乘数

在理论上，把AD-AS曲线、货币乘数、货币政策乘数应用于货币政策区域效应的分析，构建了区域总需求-总供给曲线、区域货币乘数模型、区域货币政策乘数模型。

In theory , AD-AS model , money multiplier and monetary policy multiplier are use to regional effect of monetary policy . On the basis of these models , regional AD-AS model , regional money multiplier and regional monetary policy multiplier are constructed .

第4章是以区域总需求-总供给（AD-AS）模型、区域货币乘数模型、区域货币政策乘数为基础的理论分析。

In chapter 4 , regional aggregate demand and aggregate supply ( AD-AS ) model , regional money multiplier model and regional monetary policy multiplier are analyzed theoretically .

本文利用状态空间模型方法建立了2000年以来中国的季度可变参数IS曲线和LM曲线，并在此基础上计算出中国的动态货币政策乘数，从实证的角度分析中国近年来货币政策效应。

This paper constructed the quarterly varying parameter IS Curve and LM Curve since 2000 by the State Space Model .

结论是：IS-LM-BP模型的分析方法在我国目前是适用的；我国财政政策乘数大于货币政策乘数。

The conclusion is that , as a method of analysis , the IS-LM-BP Model is suit to China , the multiple of fiscal policy is larger than that of monetary policy ;

本文在对IS-LM-BP模型公式化的基础上，推导出开放经济下的财政政策和货币政策乘数；并对近年来我国财政政策和货币政策对经济增长的贡献进行了实证分析。

In this article , on the basis of formalizing the IS-LM-BP Model , the multipliers of the fiscal and monetary policy in opening economy are deduced , and the contribution of two policies in China in recent years are calculated .

货币政策乘数的不确定性将导致最优货币政策规则具有保守性；

More uncertainty in policy multiplier leads to a more conservative and less activist policy .