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 China Uses 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 crisis Systemically introduces the idea of macro-prudential regulation into China financial system Includes supplementary material: sn.pub/extras