Financial repression, SOE reform and fiscal-monetary policy coordination

Financial repression, SOE reform and fiscal-monetary policy coordination

We build a dynamic stochastic general equilibrium (DSGE) model with financial repression and conduct estimation and simulation with it using aggregate data. We discuss the interaction and optimal combination of fiscal and monetary policies when the model features SOE monopoly and financial repressio...

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Bibliographic Details
Main Authors: Huabin Wu, Zhenyang Xu, Ping Yan
Format: Article
Language:English
Published: KeAi Communications Co. Ltd. 2022-06-01
Series:China Economic Quarterly International
Subjects:
E52
G10
E63
Online Access:http://www.sciencedirect.com/science/article/pii/S2666933122000223

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