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- W2358145851 abstract "Aiming at current study's lack on China's stock market rise-fall's fluctuation and according to different situations of rise-fall development of China's stock market,it may be divided two stages including the slow declining stage of January 1999-April 2008 and rapid increasing stage of May 2005-July 2008.By VAR model's empirical investigation and analysis about monetary policy transmission effect through stock market,we find that there are significant differences in two stages:the stock market influence on inflation and output effects in the second stage becomes more and more obvious than in teh first stage,which has fully demonstrated that China's monetary policy transmission channel through the stock market has begun to play an important role.Finally some corresponding suggestians on monetary policy are put forward in the paper." @default.
- W2358145851 created "2016-06-24" @default.
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- W2358145851 date "2011-01-01" @default.
- W2358145851 modified "2023-09-26" @default.
- W2358145851 title "The Volatility Characteristics of Stock Market and Its Empirical Study of Transmission Effect on Monetary Policy" @default.
- W2358145851 hasPublicationYear "2011" @default.
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