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A DSGE Decision Model for Investigating the LPR Transmission Effect
In August 2019, People's Bank of China launched the reform of Loan Prime Rate (LPR) quotation formation mechanism and then made continuous progress in the order of “new loans first, followed by exiting loans,” dredging the interest rate transmission channel of “policy interest rate, LPR, loan i...
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Hindawi
2022
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8799349/ https://www.ncbi.nlm.nih.gov/pubmed/35096039 http://dx.doi.org/10.1155/2022/2981558 |