本书通过对货币政策传导机制的理论研究和对我国金融市场发展情况的总结概括,从文献研究和实证研究角度分析了金融市场发展对我国货币政策传导机制的影响。在研究结论的基础上,本书提出货币当局在制定货币政策调整实体经济时,需要更加重视利率渠道的作用,注重利率政策工具的应用,同时也不能放松对信贷渠道的监控。在关注利率工具时,需要更加注重市场实际利率、长期贷款利率的作 This book through the theoretical research of monetary policy transmission mechanism and the summary of the development of China’s financial markets summarizes the impact of financial market development on China’s monetary policy transmission mechanism from the literature research and empirical studies. Based on the conclusions of the study, this book argues that monetary authorities need to pay more attention to the role of interest rate channels when formulating monetary policy to adjust real economy, and pay attention to the application of interest rate policy instruments. At the same time, they should not relax the monitoring of credit channels. In the interest rate tool, you need to pay more attention to the market real interest rates, long-term lending rates for