近期,世界银行网站刊登题为《金融与实体经济关联度对货币政策传导的影响》的工作论文。该论文分析并论证了美国实体经济对货币政策冲击敏感度降低的一个重要原因,即金融与实体经济的关联度下降。文章的研究结论对我国当前的经济金融形势变化原因分析有所启示,编译如下。 Recently, the World Bank website published a working paper entitled “The Impact of Financial and Real Economy Relevance on Monetary Policy Transmission”. The paper analyzes and demonstrates one of the major reasons why the real economy in the United States is less sensitive to the impact of monetary policy. That is, the connection between the financial sector and the real economy is declining. The conclusion of the article has some enlightenment on the analysis of the reasons for the current economic and financial changes in our country, compiled as follows.