Analysis of the effectiveness of China's monetary policy

Author: Li Chunqi
Publisher:
Publish Date: 2003-01-01
Features: This book conducts a systematic study of the theory of monetary policy effectiveness and further analyzes the issue of monetary policy effectiveness in China. Based on revealing the main factors affecting monetary policy effectiveness, it explores the microfoundations of China's monetary policy effectiveness. By combining the characteristics of economic cycle fluctuations, it establishes a model for the effective range of money supply. On the basis of empirical and econometric analysis of China's monetary economy relationship, it draws conclusions about the effectiveness of China's monetary policy. Finally, based on theoretical and empirical analysis, the book proposes several policy recommendations to enhance the effectiveness of monetary policy.