Corporate investment and the dilemma of the monetary policy: Evidence from China

J Wan, CC Lee - Economic Analysis and Policy, 2023 - Elsevier
This research examines the role of corporate investment inefficiency and abnormal
investment behaviors on the effectiveness of monetary policy in China's transitional …

China's monetary policy surprises and corporate real investment

D Lu, H Tang, C Zhang - China Economic Review, 2023 - Elsevier
We evaluate the effect of China's monetary policy shocks on corporate real investment. We
propose a new approach to identify China's monetary policy shocks using high-frequency …

Monetary policy shocks and firm investment decisions: Evidence from China

L Jiang, Y Chen, L Zhang - International Review of Financial Analysis, 2024 - Elsevier
This paper investigates how unexpected monetary policy changes affect corporate
investment decisions in China. Using monetary policy shocks estimated with a sophisticated …

How do the dual effects of financial development change the transmission of monetary policy?–Evidence from China

Y Xu, X Ji, S Zhan, M Zhan - The North American Journal of Economics and …, 2023 - Elsevier
Based on the different driving factors of financial development, the paper divides the
financial development of develo** countries into dual effects, namely marketization effects …

Financial frictions, bank intermediation and monetary policy transmission in India

S Banerjee, H Behera - Economics of Transition and …, 2023 - Wiley Online Library
Do the different types of financial friction have differential implications for monetary
transmission in emerging economies? We investigate this question using India as the …

The impact of ESG investment on fund performance: Evidence from mutual fund style drift

J Lin, D Pan, Y Sha - Pacific-Basin Finance Journal, 2025 - Elsevier
This study analyzes the impact of ESG investment on fund performance using a sample of
China's open-end mutual funds from January 2006 to December 2020. ESG investment style …

Synthesization of macroeconomic policies and stock return synchronicity: Evidence from countries along the Belt and Road Initiative

H **e, Y Sha, L Li - Pacific-Basin Finance Journal, 2024 - Elsevier
This study investigated the impact of macroeconomic policy changes in China on the stock
markets of its Belt and Road Initiative (BRI) partners, whose economies have significant …

Inflation targeting and monetary policy response in India

AP Raghuvanshi, W Ahmad - Journal of Asian Economics, 2024 - Elsevier
Abstract India adopted the Flexible Inflation Targeting (FIT) regime in 2016 under the
mentorship of the Monetary Policy Committee (MPC). With FIT's introduction, the …

Financial constraint, cross-sectoral spillover and systemic risk in China

B Wen, SS Bi, M Yuan, J Hao - International Review of Economics & …, 2023 - Elsevier
This paper examines the effect of financial constraints as a transmission channel of cross-
sectoral spillover of systemic risk in China using the impulse response separation technique …

Monetary policy surprises and corporate investment growth in China

L Jiang, Y Chen, L Zhang - Economic Modelling, 2024 - Elsevier
This paper analyzes the impact of unexpected changes in Chinese monetary policy on the
investment growth of public firms. Previous research on the Chinese economy has not …