School of Finance, Shanghai Lixin University of Accounting and Finance, Shanghai, China
PICC Asset Management Company Limited, Shanghai, China
School of Economics and Management, Shanghai Bangde College, Shanghai, China
School of Statistics and Information, Shanghai University of International Business and Economics, Shanghai, China
Copyright © 2019 Yunqing Wang, Xinyu Sui, Wenjie Pan et al. This is
an open access article distributed under the Creative Commons Attribution
License, which permits unrestricted use, distribution, and reproduction in any
medium, provided the original work is properly cited.
How to Cite this Article
Wang, Y. , Sui, X. and Pan, W. (2019) Oil Price Shocks, Durables Consumption, and China’s Real Business Cycle.
Modern Economy,
10, 1310-1333. doi:
10.4236/me.2019.104089.