Man-Kwong Leung
Biographic Data
| ID | 11060660 |
|---|---|
| NAME | Man-Kwong Leung |
| GIVEN NAMES | Man-Kwong |
| FAMILY NAME | Leung |
| SIGNATURE | LEUNG M |
| VERIFIED | No |
| TOTAL WORKS | 1 |
| TOTAL CITATIONS | 1 |
| WORKS AS AUTHOR | 1 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2011 |
| LATEST PUBLICATION YEAR | 2011 |
| H-INDEX | 1 |
Changing Money Market and Monetary Policy Operations in China
This paper uses an institutional perspective to examine the changing monetary policy operations in China since the 1978 reform. It shows that the establishment of money markets has enabled the central bank to shift its policy approach of direct control over credits to a set of indirect monetary tools. Under the constraint of exchange rate stability and other institutional factors, the effectiveness of these indirect tools is limited. Establishing…
Changing Money Market and Monetary Policy Operations in China
This paper uses an institutional perspective to examine the changing monetary policy operations in China since the 1978 reform. It shows that the establishment of money markets has enabled the central bank to shift its policy approach of direct control over credits to a set of indirect monetary tools. Under the constraint of exchange rate stability and other institutional factors, the effectiveness of these indirect tools is limited. Establishing…
Changing Money Market and Monetary Policy Operations in China
This paper uses an institutional perspective to examine the changing monetary policy operations in China since the 1978 reform. It shows that the establishment of money markets has enabled the central bank to shift its policy approach of direct control over credits to a set of indirect monetary tools. Under the constraint of exchange rate stability and other institutional factors, the effectiveness of these indirect tools is limited. Establishing…
Banking stability, regulation, efficiency (1 work) · Business (1 work) · China (1 work) · Constraint (computer-aided design (1 work) · Corporate governance (1 work) · Economics (1 work) · Exchange rate (1 work) · Exchange-rate flexibility (1 work) · Exchange-rate regime (1 work) · Finance (1 work)