지원사업
학술연구/단체지원/교육 등 연구자 활동을 지속하도록 DBpia가 지원하고 있어요.
커뮤니티
연구자들이 자신의 연구와 전문성을 널리 알리고, 새로운 협력의 기회를 만들 수 있는 네트워킹 공간이에요.
논문 기본 정보
- 자료유형
- 학술저널
- 저자정보
- 발행연도
- 2018.1
- 수록면
- 131 - 158 (28page)
이용수
초록· 키워드
오류제보하기
This paper derives an empirical test model of the cost channel on the basis of a New-Keynesian general equilibrium model, i.e., an Interest Rate Augmented Phillips curve, and utilizes GMM Estimation to explore the significance, intensity, and time-varying nature of the cost channel based on quarterly data from 1995 to 2014 in China. The empirical analysis finds: First, compared to the traditional channel, the cost channel in China appears to be quite significant and presents strong time-varying characteristics. Additionally, both the traditional demand-side channel and the supply-side cost channel fail to describe the dynamic behavior of inflation. Second, in the process of two-round price rises, in 2007 and from 2010 to the first half year of 2011, the tight monetary policy resulted in rising inflation, and the cost channel had a significant impact on the price rises. Furthermore, the above-mentioned research results remain robustto various financing rates. Finally, we propose corresponding policy advice based on our findings.
목차
등록된 정보가 없습니다.
참고문헌 (28)
참고문헌 신청
Barth III Marvin J. / 2001 / The Cost Channel of Monetary Transmission :199~240
Blinder A.S. / 1987 / Credit Rationing and Effective Supply Failures / The Economic Journal 97(386):327~352
Chowdhury I. / 2006 / Inflation Dynamics and the Cost Channel of Monetary Transmission / European Economic Review 50(4):995~1016
Christiano L.J. / 1992 / Liquidity Effects and the Monetary Transmission Mechanism / American Economic Review 82(2):346~353
Christiano L.J. / 1997 / Sticky Price and Limited Participation Models of Money: A Comparison / European Economic Review 41(6):1201~1249
Blinder A.S. / 1987 / Credit Rationing and Effective Supply Failures / The Economic Journal 97(386):327~352
Chowdhury I. / 2006 / Inflation Dynamics and the Cost Channel of Monetary Transmission / European Economic Review 50(4):995~1016
Christiano L.J. / 1992 / Liquidity Effects and the Monetary Transmission Mechanism / American Economic Review 82(2):346~353
Christiano L.J. / 1997 / Sticky Price and Limited Participation Models of Money: A Comparison / European Economic Review 41(6):1201~1249
함께 읽어보면 좋을 논문
논문 유사도에 따라 DBpia 가 추천하는 논문입니다. 함께 보면 좋을 연관 논문을 확인해보세요!
-
Is there an information channel of monetary policy?
[BOK] Working paper
2024 .01
-
여행상품 온라인 유통채널 인식에 따른 채널만족, 채널신뢰 및 채널충성도에 미치는 영향에 관한 연구
관광경영연구
2019 .01
-
Comparing the Effectiveness of the Monetary Policies in Korea and Japan
Seoul Journal of Economics
2021 .01
-
Flattening Phillips Curve in Korea: The Role of Median Inflation
Korea and the World Economy
2024 .12
-
Effect of Trade Conflict on the Relationship between U.S. and Chinese Inflations
국제통상연구
2023 .06
-
비용절감능력이 상이한 기업들의 유통경로구조 전략
유통연구
2015 .01
-
명품제품의 가치와 채널 인식이 구매 채널 전환의도에 미치는 영향
상품학연구
2022 .04
-
THE IMPACT OF GLOBALIZATION ON INFLATION IN DEVELOPING COUNTRIES
Journal of Economic Development
2017 .09
-
유통 연구에 관한 비판적 고찰과 향후 연구방향
마케팅연구
2015 .02
-
Monetary Policy Rule under Inflation Targeting in Mongolia
[KIEP] East Asian Economic Review
2018 .12
-
Oil-price, inflation pass-through: Are there some known, unknowns?
Journal of Economic Research (JER)
2018 .01
-
임계값 자기회귀 모형을 통한 물가안정목표제의 국내 물가 안정화 효과 분석
무역연구
2021 .08
-
The Study on Corporate Social Capital and Marketing Channels of Sports Goods Industry in China
대한경영학회 학술발표대회 발표논문집
2016 .05
-
한국기업과 중국기업의 비대칭적 원가행태에 관한 실증연구
재무와 회계정보저널
2017 .01
-
Channel attributes of traditional market-based fashion brands and consumers’ multi-channel shopping orientation
Journal of Global Fashion Marketing
2017 .01
-
Inflation Disagreement and Monetary Transmission in Korea
[BOK] Working paper
2024 .01
-
Inflation Co-Movement in the ASEAN Countries
Journal of Economic Development
2019 .01
-
The distribution channel, strategic factor and firm performance: Evidence from FDI enterprises
유통과학연구
2021 .10
-
Price Adjustment Behavior of Firms under Low Inflation Environment
[BOK] Quarterly Bulletin(QB)
2020 .08
-
비용측(cost-push) 접근법을 이용한 금융위기 이후 인플레이션 동학 변화 분석
한국경제연구
2016 .03
이 논문의 저자 정보
최근 본 자료
댓글(0)
0