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Sun L. 2010-Bank loans and the effects of monetary policy in China-VAR-VECM approach

Sun L. 2010-Bank loans and the effects of monetary policy in China-VAR-VECM approach

Sun L. 2010-Bank loans and the effects of monetary policy in China-VAR-VECM approach

... innovation in the first variable in the system in uences the other variables in sequence The innovations in the other variables cause the changes in all those below them in order and in none of ... attributed to the rise in investment: the demand for loans, and therefore the effects of monetary policy shock on the real economy, combines the transmissions effects through the bank lending and interest ... lending channel in China's monetary policy transmission: the fall in output is caused by the fall in the supply of loans (deposits), not by the fall in demand for loans The later decline of output...
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Dual-track interest rates and the conduct of monetary policy in China potx

Dual-track interest rates and the conduct of monetary policy in China potx

... Interest Rates and the Conduct of Monetary Policy in China Institutional background 2.1 The monetary policy framework in China According to the Law on the People’s Bank of China, the aim of monetary ... Transition Bank of Finland BOFIT Discussion Papers 21/ 2011 Dong He and Honglin Wang Dual-track Interest Rates and the Conduct of Monetary Policy in China Abstract China has a dual-track interest- rate ... He and Honglin Wang Dual-track Interest Rates and the Conduct of Monetary Policy in China All opinions expressed are those of the authors and not necessarily reflect the views of the Bank of Finland...
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báo cáo hóa học:

báo cáo hóa học:" Pain in cancer. An outcome research project to evaluate the epidemiology, the quality and the effects of pain treatment in cancer patients" pptx

... http://www.hqlo.com/content/4/1/7 variance to analyze and separate the effects of treatments and time and test the interaction between the two, as well [33] worst and average pain score of ≥ points (pain intensity difference, ... order to be able to conduct and monitor the progress of the trial for the patients' safety and according to the World Medical Association Declaration of Helsinki and the European and Italian Good ... history including past cancer history, b) physical examination, c) recording of medications and recent therapies, including analgesic consumption, d) pain assessment using the BPI, e) symptoms and...
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Báo cáo y học:

Báo cáo y học: "Entropy and bispectral index for assessment of sedation, analgesia and the effects of unpleasant stimuli in critically ill patients: an observational study" potx

... (BIS -Index, RE, SE, 60 sec mean values) and physiological parameters were recorded continuously, and were analyzed at 30 and minutes before the event (time points -30 and -2), and at 2, and 10 minutes ... but not influenced, by GE Healthcare Instrumentarium/Datex-Ohmeda was not involved in any way in collection, analysis and interpretation of data, in writing of the manuscript, or in the decision ... data analysis and revised the manuscript SJ conceived of the study, and contributed substantially to all parts of the study and manuscript preparation All authors gave final approval of the version...
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Ensuring Financial Stability: Financial Structure and the Impact of Monetary Policy on Asset Prices

Ensuring Financial Stability: Financial Structure and the Impact of Monetary Policy on Asset Prices

... of monetary policy on the economy and on residential property prices (CGFS 2006) On the other hand, Tsatsaronis and Zhu (2004) conjecture that the prevalence of securitisation should reduce the ... the large 16 To identify the monetary policy shock it is sufficient to determine the position of the monetary policy instrument; the ordering of the variables in the groups before and after the ... effects on asset prices and, if so, whether these effects occur at about the same time horizons for different asset prices, whether they are large relative to the effects of monetary policy on inflation...
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INTEREST RATES AND THE CONDUCT OF MONETARY POLICY pot

INTEREST RATES AND THE CONDUCT OF MONETARY POLICY pot

... growth and interest rates Cook and Hahn (1989) test for evidence of the Fed’s influence on rates by examining the reaction of interest rates to Fed target changes They estimate the reaction of rates ... between three- and six-month rates before and after the founding of the Fed The two rates moved together more closely in the later period, as predicted by the expectations theory of the term structure, ... interest rates This section surveys empirical evidence from the founding of the Fed and from the 1970s that demonstrates the Fed’s theory of the term power over rates Th e evidence supports the expectations...
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BANK LENDING AND THE TRANSMISSION OF MONETARY POLICY pdf

BANK LENDING AND THE TRANSMISSION OF MONETARY POLICY pdf

... action, and that the response BANK LENDING AND TRANSMISSION OF MONETARY POLICY 61 occurs discretely at the time of the bank examination that results in the enforcement action Furthermore, the imposition ... several testable hypotheses concerning both the responsiveness of loans to changes in monetary policy and BANK LENDING AND TRANSMISSION OF MONETARY POLICY 59 the possible pitfalls of failing to control ... but rather the extent of binding capital constraints at banks, as distinguishing the early 1990s from earlier periods BANK LENDING AND TRANSMISSION OF MONETARY POLICY 49 investigations of the...
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The Implementation of Monetary Policy in The EURO Area potx

The Implementation of Monetary Policy in The EURO Area potx

... managing the liquidity situation in the market and signalling the stance of monetary policy They also provide the bulk of refinancing to the financial sector The operational features of the main ... pursuit of the business of credit institutions (recast), Official Journal of the European Union (OJ), L 177 of 30 June 2006, page ECB The implementation of monetary policy in the euro area September ... the submission of bids; • the denomination of the certificates (in the case of the issuance of debt certificates); and • the ISIN code of the issue (in the case of the issuance of debt certificates)...
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The Implementation of Monetary Policy in The EURO Area doc

The Implementation of Monetary Policy in The EURO Area doc

... managing the liquidity situation in the market and signalling the stance of monetary policy They also provide the bulk of refinancing to the financial sector The operational features of the main ... pursuit of the business of credit institutions (recast), Official Journal of the European Union (OJ), L 177 of 30 June 2006, page ECB The implementation of monetary policy in the euro area September ... the submission of bids; • the denomination of the certificates (in the case of the issuance of debt certificates); and • the ISIN code of the issue (in the case of the issuance of debt certificates)...
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The Effects of Land Use on the Mobility of Elderly and Disabled and Their Homecare Workers, and the Effects of Care on Client Mobility: Findings from Contra Costa, California pdf

The Effects of Land Use on the Mobility of Elderly and Disabled and Their Homecare Workers, and the Effects of Care on Client Mobility: Findings from Contra Costa, California pdf

... ii Abstract The Effects of Land Use on the Mobility of Elderly and Disabled and Their Homecare Workers, and the Effects of Care on Client Mobility: Findings from Contra Costa, California This ... looks at the relationships among land use; the mobility of disabled and elderly recipients of public home healthcare; the mobility of their homecare workers; and how much care those homecare workers ... that the consumer is their parent, 9.2% say the client is their child, 3.0% say the client is their spouse, and 62.0% have another kind of relationship.24 Note, in comparing the two, that the...
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industry and the effects of climate in italy

industry and the effects of climate in italy

... considerably increased on the Alpine and Apennine peaks and this also continued in the Pliocene period, resulting in the depositing at the feet of the chains of huge deposits of sand, gravel and clay There ... from the north into the Po, and the Arno and Tiber, flowing through central Italy into the Tyrrhenian The other main tributaries of the Po are the Ticino, Adda and Oglio, arising in the Alps, the ... are those of the Tavoliere in Puglia and the Piana di Sibari in Calabria On the islands there are the plain of Catania in Sicily and that of the Campidano in Sardinia The islandsBesides the reliefs...
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báo cáo hóa học:

báo cáo hóa học: " Dexamethasone diminishes the pro-inflammatory and cytotoxic effects of amyloid β-protein in cerebrovascular smooth muscle cells" docx

... parenchyma, another prominent site of extracellular Aβ deposition is within and along primarily small and medium-sized arteries and arterioles of the cerebral cortex and leptomeninges and in the cerebral ... neuroinflammation and cellular pathology within the cerebral vessel wall, we determined the effects of dexamethasone and two nonsteroidal anti-inflammatory drugs (NSAIDs), ibuprofen and indomethacin, ... of smooth muscle cell α actin, a consequence that was essentially prevented in the presence of dexamethasone (Figure 6) In contrast, neither indomethacin nor ibuprofen was capable of preventing...
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Báo cáo lâm nghiệp:

Báo cáo lâm nghiệp: " Seed germination of Quercus robur, Q. pyrenaica and Q. ilex and the effects of smoke, heat, ash and charcoal" ppsx

... speaking, the temporal distribution of the germination of these three species of the genus Quercus is similar, despite the fact that Q ilex completes its germination cycle in 22 weeks and the other ... population of Q ilex in the South of France presented a similar distribution of germination The species of Quercus, which not have dormancy, have transient soil seed banks and one of the features of their ... the type of resprout, Q robur, Q pyrenaica and Q ilex are Pyrogeophyte species The first of these resprouts from the stump or epicormic buds and the other two resprout from the root as well Of...
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Traumatic brain injury and the effects of diazepam, diltiazem, and MK-801 on GABA-A receptor subunit expression in rat hippocampus ppt

Traumatic brain injury and the effects of diazepam, diltiazem, and MK-801 on GABA-A receptor subunit expression in rat hippocampus ppt

... this article as: Gibson et al., Traumatic brain injury and the effects of diazepam, diltiazem, and MK-801 on GABA-A receptor subunit expression in rat hippocampus Journal of Biomedical Science ... abundant subunits in the brain typically form a limited number of receptor combinations [23] Reportedly, the following subunits combine to form nearly 80% of the GABAAR combinations in the rat brain: ... JT: The effects of traumatic brain injury on inhibition in the hippocampus and dentate gyrus Brain Res 1997, 757:119-132 Page 10 of 11 17 Stelzer A, Shi H: Impairment of GABAA receptor function...
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Báo cáo y học:

Báo cáo y học: " The characteristics of the synonymous codon usage in hepatitis B virus and the effects of host on the virus in codon usage pattern" ppsx

... the < /b> synonymous < /b> codon < /b> usage < /b> pattern of < /b> human cell was calculated based on the < /b> data of < /b> the < /b> synonymous < /b> codon < /b> usage < /b> frequencies of < /b> human cell The < /b> codon < /b> usage < /b> bias of < /b> HBV suggests that some synonymous < /b> ... affecting the < /b> codon < /b> usage < /b> pattern of < /b> HBV For the < /b> synonymous < /b> codon < /b> usage < /b> pattern of < /b> HBV, the < /b> over-represented synonymous < /b> codons are rare in < /b> HBV coding sequence, only including UCU for Ser, in < /b> addition, ... The < /b> characteristics < /b> of < /b> the < /b> synonymous < /b> codon < /b> usage < /b> in < /b> hepatitis < /b> B virus and the < /b> effects of < /b> host on the < /b> virus in < /b> codon < /b> usage < /b> pattern Ming-ren Ma, Xiao-qin Ha*, Hui Ling, Mei-liang Wang, Fang-xin...
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