Jing Wang
Abstract
This paper conducts a Taylor-rule empirical test of China's monetary policy.The Taylor rule can provide a benchmark for readjusting interest rate and judging the tightness of monetary policy,thereby offering a valuable basis for the operation of monetary policy in China.
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This paper conducts a Taylor-rule empirical test of China's monetary policy.The Taylor rule can provide a benchmark for readjusting interest rate and judging the tightness of monetary policy,thereby offering a valuable basis for the operation of monetary policy in China.
Key concepts: Taylor rule, Monetary policy, China, Economics, Benchmark (surveying), Test (biology), Macroeconomics, Empirical research