Monetary Policy and Lending Distortion in China.

Ding, Xiaozhou.
2017-04-20T13:57:21.932Z

Abstract: The author investigates the effects of monetary policy in a distortionary economy consisting of two types of firms: State-Owned Enterprises (SOEs) and Private-Owned Enterprises (POEs). They mainly differ in the ability of getting loans from commercial banks. By modelling the differences between SOEs and POEs with dynamic stochastic general equilibrium model, the author solves the large e... read more

Subjects
Tufts University. Department of Economics.
Permanent URL
http://hdl.handle.net/10427/011924
ID: tufts:21399
To Cite: DCA Citation Guide