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Analysis on Inefficiency of Transmitting the Monetary Policy of the Capital Market
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作者 Fu Guo Yuhua Wu 《Chinese Business Review》 2005年第6期18-23,共6页
Looking from the institutional system that the stock market services the state-owned enterprises, the bad corporate governing structure of the state-owned listed companies, the lack of balance between the yield from a... Looking from the institutional system that the stock market services the state-owned enterprises, the bad corporate governing structure of the state-owned listed companies, the lack of balance between the yield from an investment and the stock, and the polarization of the wealth distribution in the stock market, we make an intensive analysis and exploration on the inefficiency of transmitting monetary policy of Chinese capital market herein. 展开更多
关键词 stock market monetary policy transmission mechanism validity
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