货币政策信贷传导的投资效应及行业差异研究-西方经济学专业论文.docxVIP

A b A b s tr a c t T h e cred it m a rk et is th e m ain ch an n el of co rp o rate fin a n cin g in C h in a . T h e cred it p olicy is u sed to a d ju st th e in d u strial stru ctu re an d h a s b eca m e th e m o st im p ortan t m ea n s o f restru ctu rin g C h in a s eco n o m y an d p ro m o tin g eco n o m ic grow th . H ow ev er, th e in v estm en ts of v ario u s in d u stries h av e d ifferen t sen sitivity to th e u n ified cred it p olicy. O n ly if th ese d ifferen t reaction s a re stu d ied p rofou n d ly, can w e av oid th e stru ctu ral im b alan ce o f