中国货币政策传导机制实证分析 = Empirical analysis of China's monetary transmission mechanism.
Date of Issue2003
College of Business (Nanyang Business School)
The monetary transmission mechanism of China, which is mainly money market and credit channel, is completely different from that of industrialized countries. Since 1990s, though security market and foreign exchange market has played an increasingly significant role, credit is sill the major channel of the monetary transmission mechanism in China.
Nanyang Technological University