A Study of China’s Hybrid Monetary Policy on the Stock Market
نویسندگان
چکیده
China's monetary policy has been progressively modified and transformed. In this study, the correlation between Chinese stock market is investigated. The CSI 300 index, trading volume of constituent stocks M2 R007 were selected to represent market, quantitative price policy, respectively. transmission mechanism regulatory effects hybrid on studied. Stock prices will rise when People’s Bank China (PBOC) puts money into market; if central bank raises interest rates, decline, effect price-based be more significant than that arising from policy. a dampening effectively restrains bubble financial market.
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ژورنال
عنوان ژورنال: Asian Economic and Financial Review
سال: 2022
ISSN: ['2222-6737', '2305-2147']
DOI: https://doi.org/10.55493/5002.v12i3.4442