TITLE:
The Contrastive Empirical Study of Social Financing Scale Increment and Stock
AUTHORS:
Shichang Shen
KEYWORDS:
Social Financing Scale Increment, Social Financing Scale Stock, VAR Model, Monetary Policy Intermediary Target
JOURNAL NAME:
Journal of Mathematical Finance,
Vol.10 No.3,
August
11,
2020
ABSTRACT: This article takes the scale
of social financing as the research object, and establishes a VAR model.
Through its impulse response function and variance decomposition, it compares
the interaction between the increase in the size and stock of social financing
under different economic conditions and China’s economic growth.