Abstract This paper tests the linkage between China’s stock market index and USA stock market index with VAR mode and DSGE model by adding new presume on RBC. By methodical model analysis,it is found that the US financial crisis’s impulse affect on China’s real economy with conduction mechanism and externalities. Proposal made for government policy making.
SU Meng. Conduction Mechanisms and Externalities of Financial Crisis on China’s Real Economy——Dynamic Stochastic General Equilibrium Perspective. Economic Survey, 2013, 1(6): 0119.
2013, Vol. 1 
