Search engine for discovering works of Art, research articles, and books related to Art and Culture
Javascript must be enabled to continue!
A Study of China’s Hybrid Monetary Policy on the Stock Market
View through CrossRef
China's monetary policy has been progressively modified and transformed. In this study, the correlation between Chinese monetary policy and the stock market is investigated. The CSI 300 index, the trading volume of constituent stocks of the CSI 300 index, and M2 and R007 were selected to represent the stock market, quantitative monetary policy and price monetary policy, respectively. The transmission mechanism and regulatory effects of China's hybrid monetary policy on the stock market were studied. Stock prices and trading volume will rise when the People’s Bank of China (PBOC) puts money into the market; if the central bank raises interest rates, stock prices and trading volume will decline, and the regulatory effect of price-based monetary policy will be more significant than that arising from quantitative monetary policy. China's hybrid monetary policy has a dampening effect on stock prices and trading volume and effectively restrains the bubble of the financial market.
Asian Economic and Social Society
Title: A Study of China’s Hybrid Monetary Policy on the Stock Market
Description:
China's monetary policy has been progressively modified and transformed.
In this study, the correlation between Chinese monetary policy and the stock market is investigated.
The CSI 300 index, the trading volume of constituent stocks of the CSI 300 index, and M2 and R007 were selected to represent the stock market, quantitative monetary policy and price monetary policy, respectively.
The transmission mechanism and regulatory effects of China's hybrid monetary policy on the stock market were studied.
Stock prices and trading volume will rise when the People’s Bank of China (PBOC) puts money into the market; if the central bank raises interest rates, stock prices and trading volume will decline, and the regulatory effect of price-based monetary policy will be more significant than that arising from quantitative monetary policy.
China's hybrid monetary policy has a dampening effect on stock prices and trading volume and effectively restrains the bubble of the financial market.
Related Results
Sharia Monetary Policy Instruments in Indonesia
Sharia Monetary Policy Instruments in Indonesia
In Islamic monetary policy, there is no known interest system. The instruments used in Islamic monetary policy are also different from monetary policy in general because they are n...
European Economic Integration
European Economic Integration
This book investigates the evolution of the integration process of the European Union (EU) under the lenses of economic development. The process of the European Economic Integratio...
Monetary Policy and Herding Behavior: Empirical Evidence From Indonesia Stock Market
Monetary Policy and Herding Behavior: Empirical Evidence From Indonesia Stock Market
This study aims to analyze the role of monetary policy, including the spillover of the US Federal Reserve (Fed) monetary policy, in the existence of herding behavior in the Indones...
The Relationship between Monetary Policy and the Stock Market Cycle: An Empirical Study in Vietnam
The Relationship between Monetary Policy and the Stock Market Cycle: An Empirical Study in Vietnam
The study examines the relationship between monetary policy and the stock market cycle in Vietnam. Using data from 2007 to 2022 and employing a VAR model, we estimate the impact of...
The relationship between money supply and inflation: analysis with PANELVAR approach
The relationship between money supply and inflation: analysis with PANELVAR approach
Purpose- Central banks serve as institutions responsible for executing monetary policy in countries, with the primary objective of managing the money supply and ensuring price stab...
Susidenko Influence of monetary policy on economic growth in Ukraine.
Susidenko Influence of monetary policy on economic growth in Ukraine.
Subject of study. The problems of stability and effective regulation of the money supply arise from the influence of various factors, such as global economic shifts, the complexity...
The Price Puzzle and Monetary Policy Transmission Mechanism in Pakistan: Structural Vector Autoregressive Approach
The Price Puzzle and Monetary Policy Transmission Mechanism in Pakistan: Structural Vector Autoregressive Approach
The prime objective of economic policies is to increase the welfare of the general public and the monetary policy supports this broad objective by focusing its efforts to promote p...
Healthy interaction between fiscal and monetary policies; A panacea for economic development and sustainability
Healthy interaction between fiscal and monetary policies; A panacea for economic development and sustainability
A healthy fiscal and monetary policies form the basis for economic growth and sustainability of an economy. This work seeks to look at the effect of monetary and fiscal policies on...