The Nexus of Peer-to-Peer Lending and Monetary Policy Transmission: Evidence from the People’s Republic of China

This paper examines how booms and busts in peer-to-peer (P2P) lending in the People’s Republic of China (PRC) affect monetary policy transmission to inflation and output.

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Bibliographic Details
Published in:ADB Economics Working Paper Series 2024-11 (749)
Main Authors: Renzhi, Nuobu, Beirne, John
Format: Article
Language:English
Online Access:Get full text
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Summary:This paper examines how booms and busts in peer-to-peer (P2P) lending in the People’s Republic of China (PRC) affect monetary policy transmission to inflation and output.
ISSN:2313-6537
2313-6545