本文对政策时间不一致性理论模型加以修正以分析中国货币政策的有效性问题。结果表明,中国货币政策的有效性与政策的可信性之间密切相关,随着货币政策可信性的提高,其有效性也相应提高。因此,实行有规则、透明度高、连贯性强的货币政策,对于提高政策有效性具有重要作用。Based on the modification of model of time inconsistency,this paper analyzes the effectiveness of China's monetary policy.The study shows that the effectiveness of China's monetary policy is positively associated with its credibility.Thereafter,implementing monetary policy with regularity,high transparency and strong inertia will play an important role in the improvement of the effectiveness of monetary policy
