efficiency and productivity of Bank. Based on the method of Yang and Lee (2009), the research provides the new way to discuss …The most present articles adopted the output-oriented Malmquist productivity index (OM) for estimating the production …

English Abstract: During March 2012 and August 2016, China's PPI growth remained negative, and didn't cope with CPI …

), designed to address a variety of major issues for savers, lenders, borrowers, authorities and other stakeholders in China …'s markets for investment and credit. An ETPL's underlying is a standardised commercial bank loan. With loan issue it is ‘pieced …': parted into pieces of equal rights and size. A significant number of pieces is then retained by the loan issuing bank, while …

English Abstract: The authors review the availability and allocation of commercial credit in China, the investment … bank funding markets.Chinese Abstract: 作者们在本文中考量中国商业信用的准入及分配、提供给储户的投资选择以及中国的银行的有效融资选择。笔者强调由于银行把储户资金投入缺乏披露的表外贷款、遵循各类政治诱因、将中小企业及微小企业的借贷控制下放给影子金融家，从而导致的市场的内在缺陷、惊人的外部效应以及潜力巨大的道德风险。文章最终唤起对中国信贷、储蓄及银行融资市场的创新和实践改革的行动。 …

English Abstract: In recent years, the spectacular expansion of China's shadow banking attracts broad attention from … both academia and policy makers. Beyond traditional on-balance sheet bank loans and bond investment, how did shadow banking … utilize detailed aggregate data of China's shadow banking from Li (2019) to conduct empirical tests of above analysis. The …

This paper investigates whether distributional effect arising from the impact of monetary policy on bank credits will …. First of all, we investigate whether there exist the distributional effects of monetary policy on bank lending behavior … which is associated with bank balance sheet characteristics, such as asset size and liquidity strength. In other words, we …