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Monetary Policy Committee Discussion Papers publishes research papers written by Monetary Policy Committee members, Monetary Policy Committee research fellows, as well as staff of the Monetary Policy Department. The column aims to publish original academic papers that relate to monetary policy theory and latest practice, and establish international image of Chinese monetary policy research. The views expressed in these papers are those of the authors, and do not represent the PBC or institutions of the authors. For any public reporting or citation, please cite the source as Monetary Policy Committee Discussion Papers of the PBC.

MPC Discussion Papers

• 2021-06-09 No.202101_The Natural Interest Rate in China
• 2020-04-02 No.202001_International Financial Crisis：Expectation Transmission and Policy Synchronisation