Empirical Study on the Effect of Macroeconomic Policy Before and After China’s Accession to the WTO: the comparison based on IS-LM model
Monetary policy and fiscal policy are two major macroeconomic regulatory approaches in the context of market economy. In this paper，we did empirical study on the effects of monetary policy and fiscal policy in stimulating Chin’s national economy growth based on ISLM model. In addition, we also tried to find out if there are changes in the effects of monetary policy and fiscal policy before and after China’s accession to the WTO by making use of China’s macroeconomical data in the past thirtytwo years, and exploring the influence of macroeconomic policies to national economy under different degree of openness. The conclusions we made in this paper will provide theoretical analysis and empirical test basis for China’s macroeconomic regulatory policies.
MonetaryPolicy FiscalPolicy WTO Cointegration IS-LMModel
Ye Xixi Jin Wenwen
Department of Economics of City, College of Wenzhou University Wenzhou China 325035 Department of Economics of City,College of Wenzhou UniversityWenzhou China 325035
国际会议
广州
英文
1-4
2011-05-13（万方平台首次上网日期，不代表论文的发表时间）