Research on the Time-Varying Characteristics of China’s Financial Cycle Volatility and Its Macroeconomic Effects
Abstract
Based on China’s financial cycle fluctuations, this paper first analyzes the characteristics of financial structure in the process of financial cycle fluctuations, further explains the relationship between the time-varying characteristics of macroeconomic effects and financial cycle fluctuations, and finally summarizes the dynamic characteristics of time-varying characteristics of macroeconomic effects, hoping that this paper can provide constructive suggestions for relevant fields.
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