Overview
- 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
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Table of contents (7 chapters)
Keywords
About this book
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.
Authors and Affiliations
About the author
Bibliographic Information
Book Title: Research on China’s Monetary Policy System and Conduction Mechanism
Authors: Wei Liu
Translated by: Lin Muxi
DOI: https://doi.org/10.1007/978-981-19-9060-1
Publisher: Springer Singapore
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: Economic Science Press and Springer Nature Singapore Pte Ltd. 2023
Hardcover ISBN: 978-981-19-9059-5Published: 29 March 2023
Softcover ISBN: 978-981-19-9062-5Published: 30 March 2024
eBook ISBN: 978-981-19-9060-1Published: 28 March 2023
Edition Number: 1
Number of Pages: XV, 288
Number of Illustrations: 37 b/w illustrations
Topics: Asian Economics, Macroeconomics/Monetary Economics//Financial Economics, Public Economics