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- W2390138933 abstract "This paper empirically analysizes of the relationship between the credit market interest rates and economic fluctuations by VAR model.The results of the study indicate that:(1) credit market interest rates on investment and consumption are in a negative and obvious impact with certain delay.And the impact on credit market interest rates from investment and consumption is very limited.(2) Investment fluctuations play a major role on output cycles.Output cycles have an impact on investment and consumption fluctuations but to a limited extent.The degree of investment fluctuations affecting consumption fluctuations is far greater than the latter on the former.Policy proposal made on these conclusions." @default.
- W2390138933 created "2016-06-24" @default.
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- W2390138933 date "2012-01-01" @default.
- W2390138933 modified "2023-09-24" @default.
- W2390138933 title "A Study on Shock Effect on Economic Fluctuations from China's Credit Market Interest Rates" @default.
- W2390138933 hasPublicationYear "2012" @default.
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