摘要:本文在2010年以来央行11次上调存款准备金率的大背景下，着重分析了多次上调存款准备金的原因和考察政策效果。分析发现流动性过剩，通货膨胀和固定资产投资过热是央行上调存款准备金的重要原因。同时对信贷规模、货币供应量、物价水平、商业银行等的影响进行分析，最终得出：尽管上调存款准备金率可以给经济降温，但是调节的效果并不显著。我们必须结合其他的方式使用存款准备金政策。
关键词:款准备金政策 政策效应 建议
ABSTRACT：Based on the phenomenon of the central bank adjust the deposit reserve rate eleven times recently in 2010, background, study was focused on the deposit reserve policy to minimize the negative impact on the macro-economy. Through analysis, we investigate the reasons of the central bank’s several times adjustment and the effect on the macro-economy. We find the factors which affecting the central bank's action are monetary excess liquidity, inflation and overheating in fixed assets investment. At the same time, we analyze the effect of raising the deposit-reserve ratio on Credit Scale, monetary supply, price level，commercial banks, and our ultimate result is that, despite the raising of deposit-reserve ratio brings economic cooling, but does not result in adjusted efficiency. That we must combine with other means to use the deposit reserve policy.
KEY WORDS: deposit-reserve policy effect of policy suggestion
完善的存款准备金制度包括存款准备金率的调整、充当存款准备金的资产类型、存款准备金的计提方式和存款准备金是否付息等一系列内容，而存款准备金政策则始终围绕着存款准备金率的调整展开，即中央银行通过调整法定存款准备金的比率，来保证商业银行资产的流动性，提高金融机构的清偿能力；控制商业银行的货币创造功能、调节货币的供应量。
本文主要围绕我国存款准备金制度的政策效应分析展开，拟分析的问题主要有： 1、存款准备金制度在我国的实践；2、我国频繁上调存款法定存款准备金率的原因3、2010年我国存款准备金政策的实施效应； 4、对我国存款准备金政策的建议。
