Central bank communication has emerged as a non-traditional monetary policy tool capable
of mitigating adverse effects, policy uncertainties and stabilizing expectations, thereby …

This paper investigates the impact of financial market liberalization on corporate radical
innovation using Chinese non-financial firm-level data from 2000 to 2022. The results show …

Abstract The People's Bank of China established the Medium-term Lending Facility in 2014
with a framework of eligible collateral. Using this as a quasi-natural experiment, this study …

While a great deal of effort over the past few decades has been devoted to the study of
housing spillovers, much of the work has failed to grasp the critical role played by monetary …

To accelerate the innovation and application of supply chains, China issued the Supply
Chain Innovation and Application (SCIA) policy in 2017. We empirically explored the net and …

The quantity measure of money supply—the M2 growth, in particular—has been used as the
intermediate target of monetary policy in China since 2000. We document three findings on …

This study examines risk transmission among 34 stock markets from the perspective of
market inefficiency spillover effects. We suggest the use of the hidden Markov model along …

Using data from A-share listed companies in China spanning the years 2008 to 2020, this
study constructs a Staggered Difference-in-Differences (DID) model to estimate the influence …

The structural effects of monetary policy and these effects impact on credit allocation are
crucial facets of monetary policy research. This study initially estimates China's monetary …

Esta dissertação fornece evidências sobre o impacto dos canais de transmissão da política
monetária no investimento privado. Para tal, combina 309 observações ao nível dos 17 …