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Analysis on Chinese Economic Development Under Post-Financial Crisis Environment Based on IS-LM Model
Advances in Economics, Business and Management Research
After the subprime mortgage crisis occurred in the United States, the worldwide financial turmoil not only resulted in a series of serious negative consequences in the global financial field, but also brought a relatively big impact for our country's economy. In order to response the global financial crisis, Chinese government has implemented a moderately loose monetary policy of continuous "double rate" reduction since the end of 2008. Based on the IS-LM model, together with the data, aboutdoi:10.2991/assehr.k.211209.324 fatcat:g6pvqkhzknhgtctq3z6rddwllq