The main argument of this paper is that the interest rateInterest rates has little effect on the regulatory process for China’s macro-economy at the current stage. This is not only due to system features but also closely related to the characteristics of the interest rate’sInterest rates connection with investment, savings, and consumption under current conditions. This paper won’t discuss the systemic reasons, but specifically analyze the above relations.

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1985: Discussions on the Regulatory Effects of Financial Measures on China’s Macro-Economy at the Current Stage

  • Yining Li

摘要

The main argument of this paper is that the interest rateInterest rates has little effect on the regulatory process for China’s macro-economy at the current stage. This is not only due to system features but also closely related to the characteristics of the interest rate’sInterest rates connection with investment, savings, and consumption under current conditions. This paper won’t discuss the systemic reasons, but specifically analyze the above relations.