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 …

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 …

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 …

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 …

We analyze the impact of monetary policy instruments on interbank lending rates and retail bank lending in China using …'s Bank of China uses changes in the required reserve ratios and open market operations to influence liquidity in money …

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

central bank in emerging countries like China …

The People's Bank of China (PBC) has made great strides in modernizing its monetary policy frameworks but their … money in China's monetary strategy and enhancing the role of interest rates in its conduct. We advocate adoption of an …

This paper traces the history of China's reform of its monetary policy framework and analyzes its success and problems …. In the context of financial marketization and the failure of the quantity-targeting framework, the People's Bank of China … China's Treasury Single Account system. The missing role of the Treasury in monetary policy operations increases the …