Most papers about trade credit in supply chain studied retailer's inventory policy based on information shared.Few papers paid attention to supplier's trade credit policy under asymmetric information.So this p...Most papers about trade credit in supply chain studied retailer's inventory policy based on information shared.Few papers paid attention to supplier's trade credit policy under asymmetric information.So this paper tries to propose supplier's optimal trade credit policy to reveal retailer's private information.The aim is achieved by developing an incentive model with revelation principle.The retailer's private information can be found out through this trade credit policy.This contract is more general than the wholesale price contract.For the retailer's private information,the order quantity and ratio of delay in payment are distorted.Sensitivity analysis shows that the contract is influenced by sales ability and discount rate.Finally,the indirect mechanism with the same effect is proposed to make it easy to be put into practice.展开更多
After the outbreak of the international financial crisis,the People’s Bank of China,based on traditional monetary policy tools,launched a series of structural monetary policy tools such as standing lending facility(S...After the outbreak of the international financial crisis,the People’s Bank of China,based on traditional monetary policy tools,launched a series of structural monetary policy tools such as standing lending facility(SLF),medium-term lending facility(MLF),and pledged supplementary lending(PSL)and targeted at liquidity via the commercial banking system.In order to test the credit transmission effect of structured monetary policy,this paper empirically analyzes the relationship between structured monetary policy,bank liquidity and bank credit based on the VAR model.The research shows that the implementation of structured monetary policy reduces the liquidity of commercial banks in the short term and increases in loans to small or micro enterprises and agriculture-related loans,these policies have produced significant short-term effects on credit transmission in steady of long-term effects.Thus,a series of supporting measures are needed to fully exert the effects of structural monetary policy.展开更多
This paper analyzes the current situation of agricultural credit policy in Dingxi City,and further studies the problems in the implementation of credit policy in Dingxi City,and puts forward strategies and suggestions...This paper analyzes the current situation of agricultural credit policy in Dingxi City,and further studies the problems in the implementation of credit policy in Dingxi City,and puts forward strategies and suggestions according to these problems.展开更多
At present, China’s green credit market is the most important channel for green financing and has a great influence on the development of China’s green finance. Based on the collection and arrangement of the related...At present, China’s green credit market is the most important channel for green financing and has a great influence on the development of China’s green finance. Based on the collection and arrangement of the related data and information, the paper points out the main problems which is existing in China’s green credit by figures and examples from aspects of detail standards of policies, the matching level between deposits and loans and the management ability of avoiding environmental risk. Furthermore, the paper puts forward corresponding countermeasures of the problems.展开更多
China cuts reserve ratio,interest rates to bolster growth China’s central bank cut both the requirement reserve ratio(RRR),the amount of reserves banks required to hold,and benchmark interest rates on June 29.The cre...China cuts reserve ratio,interest rates to bolster growth China’s central bank cut both the requirement reserve ratio(RRR),the amount of reserves banks required to hold,and benchmark interest rates on June 29.The credit-easing move,to be effective on Sunday,aims to"support the real economy and promote restructuring,"said the People’s Bank of China(PBoC)in展开更多
基金National Natural Science Foundation of China (No. 70571055)
文摘Most papers about trade credit in supply chain studied retailer's inventory policy based on information shared.Few papers paid attention to supplier's trade credit policy under asymmetric information.So this paper tries to propose supplier's optimal trade credit policy to reveal retailer's private information.The aim is achieved by developing an incentive model with revelation principle.The retailer's private information can be found out through this trade credit policy.This contract is more general than the wholesale price contract.For the retailer's private information,the order quantity and ratio of delay in payment are distorted.Sensitivity analysis shows that the contract is influenced by sales ability and discount rate.Finally,the indirect mechanism with the same effect is proposed to make it easy to be put into practice.
文摘After the outbreak of the international financial crisis,the People’s Bank of China,based on traditional monetary policy tools,launched a series of structural monetary policy tools such as standing lending facility(SLF),medium-term lending facility(MLF),and pledged supplementary lending(PSL)and targeted at liquidity via the commercial banking system.In order to test the credit transmission effect of structured monetary policy,this paper empirically analyzes the relationship between structured monetary policy,bank liquidity and bank credit based on the VAR model.The research shows that the implementation of structured monetary policy reduces the liquidity of commercial banks in the short term and increases in loans to small or micro enterprises and agriculture-related loans,these policies have produced significant short-term effects on credit transmission in steady of long-term effects.Thus,a series of supporting measures are needed to fully exert the effects of structural monetary policy.
文摘This paper analyzes the current situation of agricultural credit policy in Dingxi City,and further studies the problems in the implementation of credit policy in Dingxi City,and puts forward strategies and suggestions according to these problems.
文摘At present, China’s green credit market is the most important channel for green financing and has a great influence on the development of China’s green finance. Based on the collection and arrangement of the related data and information, the paper points out the main problems which is existing in China’s green credit by figures and examples from aspects of detail standards of policies, the matching level between deposits and loans and the management ability of avoiding environmental risk. Furthermore, the paper puts forward corresponding countermeasures of the problems.
文摘China cuts reserve ratio,interest rates to bolster growth China’s central bank cut both the requirement reserve ratio(RRR),the amount of reserves banks required to hold,and benchmark interest rates on June 29.The credit-easing move,to be effective on Sunday,aims to"support the real economy and promote restructuring,"said the People’s Bank of China(PBoC)in
