Regional Effects Of Monetary Policy In China: The Role Of Spillover Effects
This paper uses Structural Vector Autoregressive (SVAR) method to measure the regional effects of monetary policy in China during 1978–2011. The results provide evidence of different regional responses of real variables to monetary policy shocks. This paper proves that M2 is a better monetary pol...
Saved in:
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Asian Academy of Management (AAM)
2014
|
Subjects: | |
Online Access: | http://eprints.usm.my/36617/1/Art_6_%28113-146%29.pdf http://eprints.usm.my/36617/ http://web.usm.my/aamj/19012014/Art%206%20(113-146).pdf |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
id |
my.usm.eprints.36617 |
---|---|
record_format |
eprints |
spelling |
my.usm.eprints.36617 http://eprints.usm.my/36617/ Regional Effects Of Monetary Policy In China: The Role Of Spillover Effects Guo , Xiaohui Masron, Tajul Ariffin HD28-70 Management. Industrial Management This paper uses Structural Vector Autoregressive (SVAR) method to measure the regional effects of monetary policy in China during 1978–2011. The results provide evidence of different regional responses of real variables to monetary policy shocks. This paper proves that M2 is a better monetary policy indicator. We also find that when examining the regional effects of monetary policy in China, the spillover effects among regions are very important in the short run. In the long run, the influence of deposits transfer among regions is much bigger than that of the spillover effects. Asian Academy of Management (AAM) 2014 Article PeerReviewed application/pdf en http://eprints.usm.my/36617/1/Art_6_%28113-146%29.pdf Guo , Xiaohui and Masron, Tajul Ariffin (2014) Regional Effects Of Monetary Policy In China: The Role Of Spillover Effects. Asian Academy of Management Journal (AAMJ), 19 (1). pp. 1-34. ISSN 1394-2603 http://web.usm.my/aamj/19012014/Art%206%20(113-146).pdf |
institution |
Universiti Sains Malaysia |
building |
Hamzah Sendut Library |
collection |
Institutional Repository |
continent |
Asia |
country |
Malaysia |
content_provider |
Universiti Sains Malaysia |
content_source |
USM Institutional Repository |
url_provider |
http://eprints.usm.my/ |
language |
English |
topic |
HD28-70 Management. Industrial Management |
spellingShingle |
HD28-70 Management. Industrial Management Guo , Xiaohui Masron, Tajul Ariffin Regional Effects Of Monetary Policy In China: The Role Of Spillover Effects |
description |
This paper uses Structural Vector Autoregressive (SVAR) method to measure the regional
effects of monetary policy in China during 1978–2011. The results provide evidence of
different regional responses of real variables to monetary policy shocks. This paper
proves that M2 is a better monetary policy indicator. We also find that when examining
the regional effects of monetary policy in China, the spillover effects among regions are
very important in the short run. In the long run, the influence of deposits transfer among
regions is much bigger than that of the spillover effects. |
format |
Article |
author |
Guo , Xiaohui Masron, Tajul Ariffin |
author_facet |
Guo , Xiaohui Masron, Tajul Ariffin |
author_sort |
Guo , Xiaohui |
title |
Regional Effects Of Monetary Policy In China:
The Role Of Spillover Effects |
title_short |
Regional Effects Of Monetary Policy In China:
The Role Of Spillover Effects |
title_full |
Regional Effects Of Monetary Policy In China:
The Role Of Spillover Effects |
title_fullStr |
Regional Effects Of Monetary Policy In China:
The Role Of Spillover Effects |
title_full_unstemmed |
Regional Effects Of Monetary Policy In China:
The Role Of Spillover Effects |
title_sort |
regional effects of monetary policy in china:
the role of spillover effects |
publisher |
Asian Academy of Management (AAM) |
publishDate |
2014 |
url |
http://eprints.usm.my/36617/1/Art_6_%28113-146%29.pdf http://eprints.usm.my/36617/ http://web.usm.my/aamj/19012014/Art%206%20(113-146).pdf |
_version_ |
1643708834754068480 |
score |
13.2014675 |