The monetary policy of the People's Bank of China (PBoC) during 2001-2023 is assessed in terms of Taylor and McCallum …

monetary policy is found to be broadly comparable for China, the US, the Eurozone, and Japan. Identifying a role for the … significant role and their impact is strongest for China and weakest for Japan. China's impact is significant with the Eurozone …

China's emphasis on targeting the rate of money supply growth. People's Bank policy appears responsive to the gap between …, without the need to appeal to China-specific "structural" factors. …

Relying on quarterly data since 1998 we estimate, for China and the U.S., small scale econometric models that economize … them. We conclude that inflation in China responds to credit shocks. Indeed, the monetary transmission mechanism in China … 2008-9. Finally, spillovers from the US to China are significant and originate from both through the real and financial …

​Relying on quarterly data since 1998 we estimate, for China and the U.S., small scale econometric models that … them. We conclude that inflation in China responds to credit shocks. Indeed, the monetary transmission mechanism in China … 2008-9. Finally, spillovers from the US to China are significant and originate from both through the real and financial …