An Empirical Analysis on the Asymmetric Regional Effects of Chinese Monetary Policy: Based on the VAR Models of Jiangsu and Henan Province

Author

He Lina

Author_Institution

Sch. of Manage., China Univ. of Min. & Technol., Xuzhou, China

fYear

2009

fDate

26-28 Dec. 2009

Firstpage

4180

Lastpage

4183

Abstract

With the unified monetary policy, the unbalance of regional economic and financial development has to be considered. To improve the effect of monetary policy, it is necessary for us to know the different regional effects from the unified monetary policy. After the unbalance of the regional economic and financial development of Jiangsu province and Henan province is analyzed, the different regional effects of the unified monetary policy are proved by empirical approaches VAR and IRF in the paper. The moderate different monetary policy can selectively be applied according to the regional reality.

Keywords

autoregressive processes; financial management; local government; Chinese monetary policy; Henan province; Jiangsu province; asymmetric regional effects; financial development; regional economic development; unified monetary policy; vector autoregression model; Conference management; Economic indicators; Engineering management; Financial management; Helium; Information analysis; Information science; Investments; Reactive power; Technology management;

fLanguage

English

Publisher

ieee

Conference_Titel

Information Science and Engineering (ICISE), 2009 1st International Conference on

Conference_Location

Nanjing

Print_ISBN

978-1-4244-4909-5

Type

conf

DOI

10.1109/ICISE.2009.252

Filename

5455602