China’s Monetary Policy Regulation and Financial Risk Prevention: The Study of Effectiveness and Appropriateness
This book utilizes an innovative approach combining qualitative and quantitative methods to investigate the correlations between monetary policy, economic growth, inflation and asset price volatility, explores the creation of financial risk prevention systems and reaches conclusions with both theore...
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Springer
2015
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oai:scholar.dlu.edu.vn:DLU123456789-593822023-11-11T06:37:42Z China’s Monetary Policy Regulation and Financial Risk Prevention: The Study of Effectiveness and Appropriateness Zhou, Hui Finance Economics Business Financial risk management -- China Monetary policy This book utilizes an innovative approach combining qualitative and quantitative methods to investigate the correlations between monetary policy, economic growth, inflation and asset price volatility, explores the creation of financial risk prevention systems and reaches conclusions with both theoretical and practical value. The book offers an empirical analysis of the effectiveness of monetary policy, specifies the correlations between monetary policy, economic growth and inflation and provides a theoretical basis for and empirical demonstration of monetary policy implementation in China. Previous research in China has primarily focused on the correlation between monetary policy and a specific asset price, while this book comprehensively addresses the appropriateness of real estate, stock, bond and futures price regulation through monetary policies, lending it a high degree of practical significance. In order to arrive at a systemic risk prevention and regulation mechanism for China, the book uses the GARCH mean value model and MGARCH-BEKK model to create a pressure index and provide a three-level pre-warning system for currency crises, bank crises and asset bubble crises. The book systemically introduces the idea of macro-prudential regulation into the Chinese financial system by first clarifying the necessity of implementing macro-prudential regulation in China and then proving its effectiveness in mitigating pro-cyclicality and enhancing steady economic growth by constructing a mitigation model. 2015-12-09T09:39:00Z 2015-12-09T09:39:00Z 2015 Book 978-3-662-44093-3 978-3-662-44092-6 https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59382 en application/pdf Springer |
institution |
Thư viện Trường Đại học Đà Lạt |
collection |
Thư viện số |
language |
English |
topic |
Finance Economics Business Financial risk management -- China Monetary policy |
spellingShingle |
Finance Economics Business Financial risk management -- China Monetary policy Zhou, Hui China’s Monetary Policy Regulation and Financial Risk Prevention: The Study of Effectiveness and Appropriateness |
description |
This book utilizes an innovative approach combining qualitative and quantitative methods to investigate the correlations between monetary policy, economic growth, inflation and asset price volatility, explores the creation of financial risk prevention systems and reaches conclusions with both theoretical and practical value. The book offers an empirical analysis of the effectiveness of monetary policy, specifies the correlations between monetary policy, economic growth and inflation and provides a theoretical basis for and empirical demonstration of monetary policy implementation in China. Previous research in China has primarily focused on the correlation between monetary policy and a specific asset price, while this book comprehensively addresses the appropriateness of real estate, stock, bond and futures price regulation through monetary policies, lending it a high degree of practical significance. In order to arrive at a systemic risk prevention and regulation mechanism for China, the book uses the GARCH mean value model and MGARCH-BEKK model to create a pressure index and provide a three-level pre-warning system for currency crises, bank crises and asset bubble crises. The book systemically introduces the idea of macro-prudential regulation into the Chinese financial system by first clarifying the necessity of implementing macro-prudential regulation in China and then proving its effectiveness in mitigating pro-cyclicality and enhancing steady economic growth by constructing a mitigation model. |
format |
Book |
author |
Zhou, Hui |
author_facet |
Zhou, Hui |
author_sort |
Zhou, Hui |
title |
China’s Monetary Policy Regulation and Financial Risk Prevention:
The Study of Effectiveness and Appropriateness |
title_short |
China’s Monetary Policy Regulation and Financial Risk Prevention:
The Study of Effectiveness and Appropriateness |
title_full |
China’s Monetary Policy Regulation and Financial Risk Prevention:
The Study of Effectiveness and Appropriateness |
title_fullStr |
China’s Monetary Policy Regulation and Financial Risk Prevention:
The Study of Effectiveness and Appropriateness |
title_full_unstemmed |
China’s Monetary Policy Regulation and Financial Risk Prevention:
The Study of Effectiveness and Appropriateness |
title_sort |
china’s monetary policy regulation and financial risk prevention:
the study of effectiveness and appropriateness |
publisher |
Springer |
publishDate |
2015 |
url |
https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59382 |
_version_ |
1782550121146220544 |