Comparison of Monetary Policy Actions and Central Bank Communication on Tackling Asset Price Bubbles—Evidence from China’s Stock Market

We examine the different effects of monetary policy actions and central bank communication on China’s stock market bubbles with a Time-varying Parameter SVAR model. We find that with negative responses of fundamental component and positive responses of bubble component of asset prices, contractionar...

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Detalles Bibliográficos
Autores principales: Sun, Ou, Liu, Zhixin
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2016
Materias:
Research Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5112855/
https://www.ncbi.nlm.nih.gov/pubmed/27851796
http://dx.doi.org/10.1371/journal.pone.0166526

Internet

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5112855/
https://www.ncbi.nlm.nih.gov/pubmed/27851796
http://dx.doi.org/10.1371/journal.pone.0166526

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