This paper evaluates various financial system reform initiatives and proposals in China in a DSGE modelling setting …

Monetary policy in mainland China differs from conventional central banking in several respects. The central bank … captures China's unconventional monetary policy toolkit. We find that credit quotas are important as the interest-rate corridor … distorts the efficient reactions of the economy. Moreover, for China's central bankers the choice of a particular monetary …

This paper discusses the macroeconomic effects of China's informal banking regulatory tool “win-dow guidance …

The recent upgrade of the People's Bank of China's monetary policy framework establishes a corridor system of interest … employ a dynamic factor modelling approach to derive an indicator of China's monetary policy stance. The approach is based on …

sector in mainland China by means of a nonlinear stochastic general equilibrium (DSGE) model with occasionally binding …, tighter regulation of interest rates in the commercial banking sector in China leads to an increase in loans provided by the …

The People’s Bank of China (PBoC) has taken numerous measures to cushion the impacts of the COVID-19 health crisis on … pricing signals, we employ a dynamic-factor modeling approach to derive an indicator of China’s monetary policy stance. Our …