Copied Research on Chinas Monetary Policy System and Conduction Mechanism
Research on Chinas Monetary Policy System and Conduction Mechanism
This book chooses four different transmission mechanisms of interest rate, credit, exchange rate, and asset price to study whether Chinas 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 Chinas monetary policy on macro-goals.
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