Monetary policy shocks and the signaling channel of monetary policy in China
This paper identifies exogenous monetary policy shocks based on the high frequency transaction data of China's interest rate swap market, and explores the ‘signaling channel’ of monetary policy by investigating the transmission of different monetary policy instruments on economic activities at...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
KeAi Communications Co. Ltd.
2023-03-01
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Series: | China Economic Quarterly International |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2666933123000047 |