Showing 1 - 10 of 217
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 …
Persistent link: https://www.econbiz.de/10011204441
This paper evaluates various financial system reform initiatives and proposals in China in a DSGE modelling setting …
Persistent link: https://www.econbiz.de/10010818554
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 …
Persistent link: https://www.econbiz.de/10010558453
Monetary policy in mainland China differs from conventional central bank- ing in several respects. The central bank … captures China’s unconventional monetary policy toolkit. We find that credit quotas are impor- tant as the interest …-rate corridor distorts the efficient reactions of the economy. Moreover, for China’s central bankers the choice of a particular …
Persistent link: https://www.econbiz.de/10010559457
This paper evaluates various financial system reform initiatives and proposals in China in a DSGE modelling setting …
Persistent link: https://www.econbiz.de/10012148685
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 …
Persistent link: https://www.econbiz.de/10012148847
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 …
Persistent link: https://www.econbiz.de/10012871699
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 …
Persistent link: https://www.econbiz.de/10013026123
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 …
Persistent link: https://www.econbiz.de/10013022850
This paper evaluates various financial system reform initiatives and proposals in China in a DSGE modelling setting …
Persistent link: https://www.econbiz.de/10013064901