An outlook on establishing an interbank lending rate stabilization mechanism in ChinaChinese Full Text
Dong Xin;Liu Huaqiang;Wang Ying;People’s Bank of China Dezhou Central Sub-branch;Money and Credit Management Section,People’s Bank of China Dezhou Central Sub-branch;People’s Bank of China Dezhou Central Sub-branch,Money and Credit Management Section;
Abstract: The interbank lending rate went up substantially for a while in June 2013.The unusual price surge has affected small and medium financial institutions and the real economy,which is also unfavorable to the benchmark role of Shibor.The article provides an empirical analysis of the factors affecting Shibor and the features of Shibor fluctuation through an econometric model.In order to maintain a stable interbank lending market,the article makes policy suggestions in terms of establishing the interb... More
- Series：
(J) Economics ＆ Management
- Subject：
Macro-economic Management and Sustainable Development; Finance
- Classification Code：
F224;F832.2
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