The Studies on China Macroeconomic System Dynamic Conduct, ConductReliabilities and the Dynamic Mechanisms of Monetary Pol
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| Title | The Studies on China Macroeconomic System Dynamic Conduct, ConductReliabilities and the Dynamic Mechanisms of Monetary Pol
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| Author | Zhou Jian and Kuang Ming |
| Organization | School of Economics，Shanghai University of Finance and Economics |
| Email | zhoujcqh@126.com，mm.kuang@gmail.com |
| Key Words | China Macroeconomic System; Dynamic Conduct; BVAR; Monetary Policy |
| Abstract | The paper designs the BVAR framework of China macroeconomic system dynamic conduct mechanism analyses tightly combining china’s macroeconomic system features, and makes the positive studies. The Results show that the BVAR can make the better analyses on china’s forecasting error and impulse response error than that of VAR, furthermore, The paper studies china’s monetary policy dynamic mechanisms by comparing BVAR and VAR，and finds the new conclusions, which have important meanings for laying out and perfecting the more previews, pertinent and effective monetary policies. |
| Serial Number | WP545 |
| Time | 2013-10-15 |
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