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The Direction and Intensity of China’s Monetary Policy: A Dynamic Factor Modelling Approach*
16 references·0 citing·41 second hop
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References

  • 2002Determining the Number of Factors in Approximate Factor Models4,110 cited
  • 2002Forecasting Using Principal Components From a Large Number of Predictors2,990 cited
  • 2002Macroeconomic Forecasting Using Diffusion Indexes2,550 cited
  • 1999Handbook of macroeconomics1,276 cited
  • 2003Solving dynamic general equilibrium models using a second-order approximation to the policy function1,216 cited
  • 2018The Nexus of Monetary Policy and Shadow Banking in China568 cited
  • 2011A Quasi–Maximum Likelihood Approach for Large, Approximate Dynamic Factor Models531 cited
  • 1989Does Monetary Policy Matter? A New Test in the Spirit of Friedman and Schwartz526 cited
  • 2016International Channels of Transmission of Monetary Policy and the Mundellian Trilemma479 cited
  • 2013Now-Casting and the Real-Time Data Flow452 cited
  • 1998An Econometric Characterization of Business Cycle Dynamics with Factor Structure and Regime Switching406 cited
  • 2009The Econometrics of DSGE Models402 cited
  • 2004Technology Shocks in the New Keynesian Model391 cited
  • 1998Let's Get Real: A Factor Analytical Approach to Disaggregated Business Cycle Dynamics384 cited
  • 2001Solving Dynamic General Equilibrium Models Using a Second-Order Approximation to the Policy Function

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224 cited
  • 2014Monetary policy effectiveness in China: Evidence from a FAVAR model191 cited
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