China¿s Monetary Policy Regulation and Financial Risk Prevention

Makes an empirical study on monetary policy effectiveness, provides theoretical basis and empirical demonstration implementation in ChinaUses GARCH mean value model and MGARCH-BEKK model to build pressure index and gives a three-level pre-warning on currency crisis, bank crisis and asset bubble crisisSystemically introduces the idea of macro-prudential regulation into China financial systemIncludes supplementary material: sn.pub/extras

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