Effect of Change in Required Reserve Ratio on Shanghai Composite Index

Abstract

According to the principle of economy, the stock market will decline,if required reserve ratio (RRR) is set higher. As main macro-economic control, the RRR is one of tools which are often used. However, although the People's Bank of China adjust the RRR so frequently in the recently, the stock market didn't run as expectation. This paper is concerned with… (More)

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Cite this paper

@article{Liu2009EffectOC, title={Effect of Change in Required Reserve Ratio on Shanghai Composite Index}, author={Dehong Liu and JiaJia Zhang and Shuai Wang and Zhihai Tie}, journal={2009 International Conference on Electronic Commerce and Business Intelligence}, year={2009}, pages={427-430} }