3779 
3341改革开放以来，中国经济的发展既显示出各国发展的一般规律，也呈现出许多独有特征，需要从新的视角进行分析。文章将中国经济波动与制度变迁相联系，构建了包含具有持久效应的趋势冲击和流动性约束的小国开放经济动态随机一般均衡模型，较好地解释了中国经济波动特征，识别了经济波动背后的驱动因素。研究发现，随着中国经济体制的逐渐完善，对经济波动影响短暂的周期冲击和影响持久的趋势冲击都显示出逐渐衰减的趋势，从而经济波幅逐渐缩小。由于趋势冲击的影响下降更快，周期冲击逐渐成为经济波动的主要来源。
趋势冲击、流动性约束与中国经济波动
摘要
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引用本文
胡永刚, 苗恩光. 趋势冲击、流动性约束与中国经济波动[J]. 财经研究, 2020, 46(12): 34-48.
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