Regional Effects Of Monetary Policy In China: The Role Of Spillover Effects
This paper uses Structural Vector Autoregressive (SVAR) method to measure the regional effects of monetary policy in China during 1978-2011. The results provide evidence of different regional responses of real variables to monetary policy shocks. This paper proves that M2 is a better monetary policy...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Asian Academy of Management (AAM),
2014.
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Subjects: | |
Online Access: | Get fulltext |