How does the central bank stabilize the stock market under macro uncertainty: Evidence from China stock market
This paper establishes mathematical models and PVAR models to verify the micro transmission path and the validity of central bank communication and actual interest rate intervention on China stock market. Through heterogeneity analysis, we further test whether the level of macroeconomic uncertainty...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
EDP Sciences
2024-01-01
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Series: | E3S Web of Conferences |
Subjects: | |
Online Access: | https://www.e3s-conferences.org/articles/e3sconf/pdf/2024/52/e3sconf_vesep2023_01059.pdf |