The Theory and Practice of Interest Rate Corridor Control: New Ideas and Methods for Monetary Policy Operations

Author: Hu Haiouo, Jia Dekui
Publisher:
Publishing Time: Not Available
Features: This book systematically introduces the ideas and methods of interest rate corridor regulation, analyzes this more convenient, efficient, and transparent operational mechanism, explores the evolution of monetary policy theory that lays the groundwork for interest rate corridor regulation, and examines the development and innovation of the monetary banking system that supports the operation of interest rate corridor regulation. It further demonstrates that as long as the necessary conditions are created, interest rate corridor regulation can also be and is worth adopting as a framework for regulating interest rates in China.