Research on China’s Monetary Policy System and Conduction Mechanism
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Beschreibung
This book chooses four different transmission mechanisms of interest rate, credit, exchange rate, and asset price to study whether China’s monetary policy has an impact on these four transmission mechanisms and then studies whether these four transmission mechanisms have an impact on the macroeconomy, so as to determine the impact of China’s monetary policy on macro-goals.
This book chooses four different transmission mechanisms of interest rate, credit, exchange rate, and asset price to study whether China’s monetary policy has an impact on these four transmission mechanisms and then studies whether these four transmission mechanisms have an impact on the macroeconomy, so as to determine the impact of China’s monetary policy on macro-goals.
Shows “quasi-market interest rate”, the monetary market interest rate has a strong ability Interest rate transmission mechanism is partial and effective, interest rate control Provides significant effect on the ultimate goal of macro economy
Autor*in
Wei Liu
Themen in »Research on China’s Monetary Policy System and Conduction Mechanism«
Monetary policy Monetary conduct mechanism Interest rate Macroeconomics Foreign economics