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 …

institutional and structural changes that China has undergone. We find that increases in bank reserve requirements reduce economic … account. Overall, our results indicate that the monetary policy transmission channels in China have moved closer to those of …

This paper studies whether monetary transmission in China is asymmetric. While researchers found an asymmetric … transmission in the US and other economies, China offers a specific rationale for asymmetries: the presence of state … provide evidence of a systematic and sizeable asymmetry in the transmission of monetary policy shocks in China. The nature of …

We explore the role of interest rates in monetary policy transmission in China in the context of its multiple … monetary policy transmission in China has become increasingly similar to that in advanced economies …

allocation. We develop a two-stage estimation approach and apply it to China's loan-level data that covers all sectors in the …

stability, thereby promoting economic growth. In view of the current liberalisation of international capital controls in China … efficiency of the monetary policy transmission operating mechanism for China’s economic changes will stabilise the macro …

in mainland China. I identify monetary policy shocks by constructing a measure of monetary policy surprises based on …

This work examines the impact of bank efficiency on the bank lending channel in China. Using a sample of 175 Chinese …