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Affiliation of Author(s):经济管理学院
Teaching and Research Group:经济管理学院
Journal:第七届创新与管理国际学术会议（ICIM2010）
Funded by:学校社科项目
Key Words:International financial crisis1; Chinese monetary policy2; Validity3; Empirical analysis4
Abstract:As the international financial crisis swept across the globe in 2008, Chinese economy has been somewhat watered down, so we have implemented the proactive fiscal policy and appropriately easy monetary policy to deal with it. Now the entire world has few studies about the empirical analysis on the validity of Chinese monetary policy under the financial crisis. In this paper, we will choose some related variables, empirically analyze our monetary policy validity between 2007 and 2009 by constructing monetary policy validity model, and conclude that: our monetary policy under the financial crisis has made some progress and brought about a striking effect, but there still exits some time delay which needs further improvement. Therefore author puts forward that improving validity of monetary policy should grasp the focus of moderately easy monetary policy and take the delay of the implementation of monetary policy into account, but it also needs coordinate monetary policies and fiscal policies well. This paper will actively achieve the union of theoretical science and practical operability.
Co-author:陈薪弘,王东伟
First Author:yangfeng
Indexed by:Essay collection
Page Number:2
Number of Words:1
Translation or Not:no
Date of Publication:2010-11-01