CAJ | 학술논문

早在蒙代尔提出最优货币区理论之时，他就指出了最优货币区的范围可以大干国界，也可以在一国国界之内。本文把常用于国际经济领域的最优货币区理论运用于我国这样一个大国内部，指出我国并不满足最优货币区标准；利用VAR模型和IRF检验也证实我国货币政策存在显著的区域效应。进一步，本文从货币政策传导机制的角度分析得出信贷渠道和利率渠道是导致我国货币政策区域效应的主要原因。最后本文提出推进生产要素自由流动，缩小东中西区域经济差异，顺畅我国货币政策传导机制的建议。
조재몽대이제출최우화폐구이론지시，타취지출료최우화폐구적범위가이대간국계，야가이재일국국계지내。본문파상용우국제경제영역적최우화폐구이론운용우아국저양일개대국내부，지출아국병불만족최우화폐구표준；이용VAR모형화IRF검험야증실아국화폐정책존재현저적구역효응。진일보，본문종화폐정책전도궤제적각도분석득출신대거도화리솔거도시도치아국화폐정책구역효응적주요원인。최후본문제출추진생산요소자유류동，축소동중서구역경제차이，순창아국화폐정책전도궤제적건의。
Early when the theory of optimum currency areas was put forward, MundeU had pointed out that the sphere of optimum currency areas may lie across national boundaries or within a national boundary. This essay applies the theory of optimum currency areas, which is mostly applied to international economy to China, a very large country per se, and adopts VAR model and IRF, to verify,that there exist manifest regional effects of monetary policy in the country. Lastly this essay puts forward the suggestion of accelerating the flow of production factors, narrowing the economic gaps among eastern, central and western regions, and smoothing the transmission mechanism of monetary policy in our country.