Corpus ID: 156142060

An Empirical Study of the Existence of Regional Effect of Monetary Policy Based on the SVAR Model

@article{Weijun2009AnES,
  title={An Empirical Study of the Existence of Regional Effect of Monetary Policy Based on the SVAR Model},
  author={Wu Wei-jun},
  journal={Contemporary Finance and Economics},
  year={2009}
}
  • Wu Wei-jun
  • Published 2009
  • Economics
  • Contemporary Finance and Economics
By adopting the SVAR model and IRF and based on the sample data from 1984 to 2006,this paper conducts an empirical study of the response to the monetary policy from the developed,sub-developed and under-developed regions in China.The results indicate that the monetary policy of China does have an obvious regional effect.This paper studies the regional effect on the basis of the theory of monetary policy transmission mechanism and concludes that when framing the unified monetary policy,the… Expand
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