Academic Journal
Monetary and Macroprudential Policies, Output, Prices, and Financial Stability
| العنوان: | Monetary and Macroprudential Policies, Output, Prices, and Financial Stability |
|---|---|
| المؤلفون: | Sui, Jianli, Liu, Biying, Li, Zhigang, Zhang, Chengping |
| المصدر: | Faculty Publications - College of Business |
| بيانات النشر: | Digital Commons @ George Fox University |
| سنة النشر: | 2022 |
| المجموعة: | Digital Commons @ George Fox University |
| مصطلحات موضوعية: | Monetary policy, macroprudential policy, output, price, financial stability, Business |
| الوصف: | We examine the time-varying causal link between monetary policies and macroeconomy, macroprudential policies and ï¬nancial stability in China. We ï¬nd that expansionary monetary policy leads to output growth, tightening monetary policy leads to price stability, and tightening quantitative monetary policy or expanding price-based monetary policy is effective in maintaining ï¬nancial stability. In response to stagnation or deflation, the central bank implements an expansionary monetary policy. To prevent ï¬nancial turbulence, the central bank pursues an expansionary quantitative monetary policy or a tight price-based monetary policy. In addition, macroprudential policy should be used in conjunction with monetary policy to maintain ï¬nancial stability. |
| نوع الوثيقة: | text |
| وصف الملف: | application/pdf |
| اللغة: | unknown |
| Relation: | https://digitalcommons.georgefox.edu/gfsb/141; https://digitalcommons.georgefox.edu/context/gfsb/article/1140/viewcontent/1_s2.0_S1059056021002409_main.pdf |
| الاتاحة: | https://digitalcommons.georgefox.edu/gfsb/141 https://digitalcommons.georgefox.edu/context/gfsb/article/1140/viewcontent/1_s2.0_S1059056021002409_main.pdf |
| رقم الانضمام: | edsbas.357AC7B2 |
| قاعدة البيانات: | BASE |
| الوصف غير متاح. |