Pushing on a String: State-Owned Enterprises and Monetary Policy Transmission in China

Pushing on a String: State-Owned Enterprises and Monetary Policy Transmission in China

This paper studies whether monetary transmission in China is asymmetric. While researchers found an asymmetric transmission in the U.S. and other economies, China offers a specific rationale for asymmetries: the presence of state-owned enterprises (SOEs) enjoying preferential access to financing...

Full description

Saved in:
Bibliographic Details
Published in:MAGKS - Joint Discussion Paper Series in Economics (Band 06-2018)
Main Authors: Chen, Hongyi, Li, Ran, Tillmann, Peter
Format: Article
Language:English
Published: Philipps-Universität Marburg 2017
Subjects:
firm-level data
state-owned enterprises
VAR
financial system
state-dependent local projections
monetary transmission
Wirtschaft
Economics
Online Access:PDF Full Text
Tags: Add Tag
No Tags, Be the first to tag this record!
MAGKS - Joint Discussion Paper Series in Economics

Similar Items