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| Author: | Bai, Yang |
| Title: | The impact on the monetary policy by the financial innovations (original in Chinese) |
| Journal: | Research on Financial and Economic Problems (c)
1999 : 10, p.22-24 |
| Index terms: | FINANCIAL INNOVATION MONETARY POLICY CHINA |
| Language: | chn |
| Abstract: | Financial innovations have become a major trend in the current development of the financial business. Of the various impacts by the financial innovations, the impact on the monetary policy and its effects is very great and thus a focus for the theoretical and decision-making circles. The paper analyzes this impact and predicts that the effects of the monetary policy will be strengthened under the condition of financial innovations. |
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