Study on Industrial Effects of China’s Monetary Policy ——An Empirical Analysis Based on Panel Data of Listed Companies

摘要

In this article quarterly panel data from 2002 to 2008 of 11 listed companies of China is used to analyse the industrial effects of China's monetary policy and corporate financial structure. According to the research, unevenness of the industrial effects of China's monetary policy can be seen from the following aspects； first, one monetary policy will affect different industries unevenly; second, corporate financial structure of different industries will act differently in the process of monetary policy transmission.