A DSGE Decision Model for Investigating the LPR Transmission Effect
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DOI: 10.1155/2022/2981558
Abstract: In August 2019, People's Bank of China launched the reform of Loan Prime Rate (LPR) quotation formation mechanism and then made continuous progress in the order of “new loans first, followed by exiting loans,” dredging… read more here.
Keywords: interest rate; decision model; transmission; rate ... See more keywords