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- W2365145317 abstract "The Subprime Crisis was caused not only by the mechanism of subprime mortgage industrial chain,but also by the FED's monetary policy operations. This paper demonstrates the relationship between FED's monetary policy and subprime crisis from theory and empirical analysis. The research outcome illustrates that FED's long-term low interest rate policy and high volatility of monetary policy promote the crisis,and I hope this paper's outcome may be somewhat illuminative to the monetary policy operation in our country." @default.
- W2365145317 created "2016-06-24" @default.
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- W2365145317 date "2009-01-01" @default.
- W2365145317 modified "2023-09-26" @default.
- W2365145317 title "Misconduct of Monetary Policy Promoting the Subprime Crisis:The Empirical Analysis Based on Co-integration Model" @default.
- W2365145317 hasPublicationYear "2009" @default.
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