Essays on Money and Finance: Evidence for China

Introduction 1. Financial Sources and Economic Growth: Firm-Level Evidence from Chinese Manufacturing Industry Introduction – Firms’ Financing Sources – Data Description and Summary Statistics – Informal Financing and Firm Performance – Empirical Results – Conclusion 2. An Evaluation of Different Measures of the Chinese Monetary Policy Stance Introduction – Literature Review – Different Measurements of Chinese Monetary Policy Stance – Data – The Responsiveness of Monetary Policies – Estimated Response to Monetary Policy Shock – Conclusion – Appendix 3. China’s Monetary Policy and its Impact on Developing Asia: A GVAR Approach Introduction – China’s Monetary Policy – China and Asia Countries – Method – Data and VARX Setups – Impulse Response Analysis – Conclusion References Subject Index