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Focusing on four key transmission mechanisms—interest rate, credit, exchange rate, and asset price—this book investigates the influence of China's monetary policy on these areas. It further explores how these mechanisms affect the broader macroeconomy, aiming to clarify the overall impact of monetary policy on macroeconomic objectives. Through this analysis, the book provides insights into the complex interactions between policy decisions and economic outcomes in China.
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Research on Chinas Monetary Policy System and Conduction Mechanism, Wei Liu
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- 2023
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