Examining Monetary Policy Transmission in the People's Republic of China–Structural Change Models with a Monetary Policy Index
This paper estimates augmented versions of the Investment–Saving curve for the People's Republic of China in an attempt to examine the relationship between monetary policy and the real economy. It endeavors to account for any structural break, nonlinearity, or asymmetry in the transmission proc...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
The MIT Press
2016-03-01
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| Series: | Asian Development Review |
| Subjects: | |
| Online Access: | https://www.mitpressjournals.org/doi/pdf/10.1162/ADEV_a_00062 |