The Preference of China’s Monetary Policy:Multiple Targets or Sole Target? An Empirical Test of Asymmetric Loss Function in An Open Economy
WANG Jinbin;LIU Jingrong;School of Economics;Renmin University of China;

..............page:1-13

Macroeconomic Factor and Interest Rate Term Structure:Based on Mixed Frequency Nelson-Siegel Model
SHANG Yuhuang;ZHENG Tingguo;XIA Kai;Institute of Chinese Financial Studies;Southwestern University of Finance and Economics;The Wang Yanan Institute for Studies in Economics;Xiamen University;

..............page:14-29

Optimal Choice of Quantitative and Price-based Monetary Policy Instruments:Based on the Asymmetric Effects of Monetary Policy from A Perspective of Enterprises’ Property Rights
WANG Qufei;YI Zhenhua;CHEN Yixi;XIANG Yanbiao;Hangzhou Central Sub-branch;the People’s Bank of China;

..............page:30-47

Aging Population,PAYGO Pension Plan and the Middle Income Trap
LIN Shanjun;SUN Qixiang;School of Economics;Peking University;

..............page:48-63

Financial Depression,Financing Constraints and the Quality of China’s Export Products
ZHANG Jie;Institute of China’s Economic Reform & Development;Renmin University of China;

..............page:64-79

Officials’ Tenure,Credit Cycles and Investment Cycles
TAN Zhibo;ZHOU Li-An;School of Economics;Fudan University;Guanghua School of Management;Peking University;

..............page:80-93

Municipal Leaders Turnover,Public Expenditures and Time-inconsistency
XIAO Jie;GONG Liutang;ZHANG Qinghua;School of Economics;Shenzhen University;Guanghua School of Management;Peking University;

..............page:94-110

U-shape Relationship between Non-currency Financial Assets and Operating Profit:Evidence from Financialization of Chinese Listed Non-financial Corporates
SONG Jun;LU Yang;School of Economics;Fudan University;

..............page:111-127

The Roles of Contingent Capital in Limiting Banks’ Risk-taking
XU Youchuan;SU Jun;School of Economics;Fudan University;Business School;Beijing Technology and Business University;

..............page:128-143

Does Herding Behavior Exist in Chinese Commodity Futures Markets?
TIAN Lihui;TAN Dekai;WANG Guanying;Institute of Finance and Development;Nankai University;College of Management and Economics;Tianjin University;

..............page:144-158

The Impact of the Launch of Margin Trading and Short Selling on Chinese Stock Market Volatility:Evidence from A Panel-Data Policy Evaluation Approach
CHEN Haiqiang;FAN Yunfei;The Wang Yanan Institute for Studies in Economics;Xiamen University;

..............page:159-172

Short Selling and Stock-Price Stability:A Natural Experiment from the Margin Trading Market of China
LI Zhisheng;DU Shuang;LIN Bingxuan;School of Finance;Zhongnan University of Economics and Law;University of Rohde Island;

..............page:173-188

Information Leakage and Wealth Transfer Effect in Merge & Acquisition
XUE Jian;DOU Chao;School of Economics and Management;Tsinghua University;

..............page:189-206

zhong guo jin rong lun tan : di liu jie jin rong yan jiu lun tan zheng wen qi shi

..............page:207