China’s Monetary Policy Regulation and Financial Risk Prevention

The Study of Effectiveness and Appropriateness

Hui Zhou (Autor)

Buch | Softcover

XIX, 186 Seiten

2016 | 1. Softcover reprint of the original 1st ed. 2015
Springer Berlin (Verlag)
978-3-662-52587-6 (ISBN)

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This book utilizes an innovative approach combining qualitative and quantitative methods to investigate the correlations between monetary policy, economic growth, inflation and asset price volatility, explores the creation of financial risk prevention systems and reaches conclusions with both theoretical and practical value. The book offers an empirical analysis of the effectiveness of monetary policy, specifies the correlations between monetary policy, economic growth and inflation and provides a theoretical basis for and empirical demonstration of monetary policy implementation in China. Previous research in China has primarily focused on the correlation between monetary policy and a specific asset price, while this book comprehensively addresses the appropriateness of real estate, stock, bond and futures price regulation through monetary policies, lending it a high degree of practical significance. In order to arrive at a systemic risk prevention and regulation mechanism for China, the book uses the GARCH mean value model and MGARCH-BEKK model to create a pressure index and provide a three-level pre-warning system for currency crises, bank crises and asset bubble crises. The book systemically introduces the idea of macro-prudential regulation into the Chinese financial system by first clarifying the necessity of implementing macro-prudential regulation in China and then proving its effectiveness in mitigating pro-cyclicality and enhancing steady economic growth by constructing a mitigation model.

Abstract.- Introduction.- Literature Review and Research Framework.- Effectiveness Study of Chinese Monetary Policy Regulation on Economic Growth and Inflation.- Appropriateness Study of Monetary Policy Regulation on Real Estate Price.- Appropriateness Study of Monetary Policy Regulation on Stock Price.- Appropriateness Study of Monetary Policy Regulation on Bond Price.- Appropriateness Study of Monetary Policy Regulation on Futures Market.- Study on Chinese Systemic Risk Prevention.- Study on Building China's Financial Supervision System.- Reference.- Acknowledgement.

Erscheinungsdatum	23.09.2016
Zusatzinfo	XIX, 186 p. 45 illus., 42 illus. in color.
Verlagsort	Berlin
Sprache	englisch
Maße	155 x 235 mm
Themenwelt	Wirtschaft ► Volkswirtschaftslehre ► Finanzwissenschaft
	Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie
	Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik
Schlagworte	Asset Price • Chinese Systemic Risk Prevention • Economic Policy • Economics • Economics and finance • Financial Supervision System • Macroeconomics • Macroeconomics/Monetary Economics//Financial Econo • Macro-prudential Regulation System • Monetary Economics • monetary policy • Monetary Policy Regulation • Political Economy • Risk Prevention • Stock Price • Transmission Mechanism
ISBN-10	3-662-52587-9 / 3662525879
ISBN-13	978-3-662-52587-6 / 9783662525876
Zustand	Neuware