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The 6th Plenum of the 16th Central Committee of the Communist Party of China (CPC) concluded on October 11, 2006, with … smashing into a barrier erected by an outsider. For hardware failure we discuss the possible weakening of China's fiscal … disorder caused by outmoded governance. And for power supply failure, we discuss the possible trade disputes from China …
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This paper studies monetary policy transmission through BigTech and traditional banks. By comparing business loans made by a BigTech bank with those made by traditional banks, it finds that BigTech credit amplifies monetary policy transmission mainly through the extensive margin. Specifically,...
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