China s Monetary Policy Communication Frameworks Impact and Recommendations is popular PDF and ePub book, written by Michael McMahon in 2018-11-16, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, China s Monetary Policy Communication Frameworks Impact and Recommendations can be Read Online from any device for your convenience.
China s Monetary Policy Communication Frameworks Impact and Recommendations Book PDF Summary
Financial markets are eager for any signal of monetary policy from the People’s Bank of China (PBC). The importance of effective monetary policy communication will only increase as China continues to liberalize its financial system and open its economy. This paper discusses the country’s unique institutional setup and empirically analyzes the impact on financial markets of the PBC’s main communication channels, including a novel communication channel. The results suggest that there has been significant progress but that PBC communication is still evolving toward the level of other major economies. The paper recommends medium-term policy reforms and reforms that can be adopted quickly.
Detail Book of China s Monetary Policy Communication Frameworks Impact and Recommendations PDF
- Author : Michael McMahon
- Release : 16 November 2018
- Publisher : International Monetary Fund
- ISBN : 9781484385647
- Genre : Business & Economics
- Total Page : 32 pages
- Language : English
- PDF File Size : 15,8 Mb
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