Research on China’s Monetary Policy System and Conduction Mechanism

Research on China’s Monetary Policy System and Conduction Mechanism
Author: Wei Liu
Publisher: Springer Nature
Total Pages: 299
Release: 2023-03-28
Genre: Business & Economics
ISBN: 9811990603

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This book chooses four different transmission mechanisms of interest rate, credit, exchange rate, and asset price to study whether China’s monetary policy has an impact on these four transmission mechanisms and then studies whether these four transmission mechanisms have an impact on the macroeconomy, so as to determine the impact of China’s monetary policy on macro-goals.