[Download] Tải Do the capital requirements affect the effectiveness of monetary policy from the credit channel? – Tải về File Word, PDF

Do the capital requirements affect the effectiveness of monetary policy from the credit channel?

Do the capital requirements affect the effectiveness of monetary policy from the credit channel?
Nội dung Text: Do the capital requirements affect the effectiveness of monetary policy from the credit channel?

Download


This paper examines weather the capital requirements affect the effectiveness of monetary policy from the credit channel. According to the penal data of commercial banks listed on the A-share stock market in China from 2007 to 2017, I find that the capital requirements to the commercial banks affect the bank loans through the credit channel of monetary policy transmission, which is more obviously on the smaller banks. I further use issuance of preferred stocks of commercial banks instead of IPO to confirm the results again. Moreover, I compare the two kinds of monetary policy instruments in my results, which document that the price-based monetary policy instruments are more sensitive than the quantitative ones.

Bạn đang xem: [Download] Tải Do the capital requirements affect the effectiveness of monetary policy from the credit channel? – Tải về File Word, PDF

*Ghi chú: Có 2 link để tải biểu mẫu, Nếu Link này không download được, các bạn kéo xuống dưới cùng, dùng link 2 để tải tài liệu về máy nhé!
Download tài liệu Do the capital requirements affect the effectiveness of monetary policy from the credit channel? File Word, PDF về máy

Do the capital requirements affect the effectiveness of monetary policy from the credit channel?

Mô tả tài liệu

Nội dung Text: Do the capital requirements affect the effectiveness of monetary policy from the credit channel?

Download tài liệu Do the capital requirements affect the effectiveness of monetary policy from the credit channel? File Word, PDF về máy