China’s Monetary Policy Regulation and Financial Risk Prevention

1. Front Matter

   Pages i-xix

   PDF

2. Literature Review and Research Framework

   • Hui Zhou

   Pages 1-18

3. Effectiveness Study of Chinese Monetary Policy Regulation on Economic Growth and Inflation

   • Hui Zhou

   Pages 19-32

4. Appropriateness Study of Monetary Policy Regulation on Real Estate Price

   • Hui Zhou

   Pages 33-59

5. Appropriateness Study of Monetary Policy Regulation on Stock Price

   • Hui Zhou

   Pages 61-78

6. Appropriateness Study of Monetary Policy Regulation on Bond Price

   • Hui Zhou

   Pages 79-97

7. Appropriateness Study of Monetary Policy Regulation on Futures Market

   • Hui Zhou

   Pages 99-121

8. Study on Chinese Systemic Risk Prevention

   • Hui Zhou

   Pages 123-142

9. Study on Building China’s Financial Supervision System

   • Hui Zhou

   Pages 143-180

10. Back Matter

    Pages 181-186

    PDF

This book utilizes an innovative approach combining qualitative and quantitative methods to investigate the correlations between monetary policy, economic growth, inflation and asset price volatility, explores the creation of financial risk prevention systems and reaches conclusions with both theoretical and practical value. The book offers an empirical analysis of the effectiveness of monetary policy, specifies the correlations between monetary policy, economic growth and inflation and provides a theoretical basis for and empirical demonstration of monetary policy implementation in China. Previous research in China has primarily focused on the correlation between monetary policy and a specific asset price, while this book comprehensively addresses the appropriateness of real estate, stock, bond and futures price regulation through monetary policies, lending it a high degree of practical significance. In order to arrive at a systemic risk prevention and regulation mechanism for China, the book uses the GARCH mean value model and MGARCH-BEKK model to create a pressure index and provide a three-level pre-warning system for currency crises, bank crises and asset bubble crises. The book systemically introduces the idea of macro-prudential regulation into the Chinese financial system by first clarifying the necessity of implementing macro-prudential regulation in China and then proving its effectiveness in mitigating pro-cyclicality and enhancing steady economic growth by constructing a mitigation model.

• Asset Price
• Chinese Systemic Risk Prevention
• Financial Supervision System
• Macro-prudential Regulation System
• Monetary Policy
• Monetary Policy Regulation
• Risk Prevention
• Stock Price
• Transmission Mechanism

• School of Finance, Zhejiang University of Finance and Economics, Hangzhou, China

  Hui Zhou

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