@article{1461958, recid = {1461958}, author = {Liu, Wei. and Muxi, Lin,}, title = {Research on China's monetary policy system and conduction mechanism /}, publisher = {Springer,}, address = {Singapore :}, pages = {1 online resource (299 p.)}, year = {2023}, note = {4.3.3 The Particularity of the Constraints on the Choice of China's Monetary Policy Restrains the Realization of the Effect of Monetary Policy}, abstract = {This book chooses four different transmission mechanisms of interest rate, credit, exchange rate, and asset price to study whether Chinas monetary policy has an impact on these four transmission mechanisms and then studies whether these four transmission mechanisms have an impact on the macroeconomy, so as to determine the impact of Chinas monetary policy on macro-goals.}, url = {http://library.usi.edu/record/1461958}, doi = {https://doi.org/10.1007/978-981-19-9060-1}, }