[Retracted] A DSGE Decision Model for Investigating the LPR Transmission Effect

Table 1

Descriptive statistics of all variables.

Name	Obs	Mean	Std.	Min	Max
MLF interest rate	504	3.1341	0.5999	2.9500	3.3000
LPR interest rate	504	4.6842	1.7160	3.8000	5.7700
Deposit rate	504	4.9905	0.1464	3.000	30.0000
Loan interest rate	504	5.5948	0.8816	4.7500	7.5600
Treasury interest rates	504	2.6672	0.6976	0.8871	4.2503
Deposit balance/GDP	504	1.9433	0.2194	1.4102	2.3352
Loan balance/GDP	504	1.3778	0.2371	0.9579	1.9156
New loans/new social financing	504	0.6549	11.4001	0.4213	1.1563
New government bonds/new social financing	504	0.1143	6.7104	0.0171	0.2392
Bank NIM	504	2.3617	0.2622	2.0300	2.7700
GDP growth	504	0.1173	0.1026	0.0220	0.1423
CPI	504	2.6350	1.9774	−1.8000	8.7000
Jobless rate	504	4.0165	0.1647	3.6100	4.3000
M2 growth	504	13.0246	5.0742	8.0000	29.7400
Asset-liability ratio of industrial enterprises	504	0.6103	2.0045	0.5830	0.6420