Endogenous money in China: Evidence and insights on recent policies

Autor:	Gavin Peebles, Rajen Mookerjee
Rok vydání:	1998
Předmět:	Inflation Macroeconomics Economics and Econometrics Endogenous money media_common.quotation_subject Control (management) Economics Monetary economics China Finance media_common
Zdroj:	Journal of Asian Economics. 9:139-158
ISSN:	1049-0078
Popis:	Using a broad range of macroeconomic variables, including five definitions of money, this paper concludes that money is endogenous in China. This in turn suggests that the authorities in China find it difficult to control monetary growth through indirect levers. This recognition on the part of the authorities, has resulted in a shift in policy actions to control recent inflation.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::993cd6c86ad2c84165f38342681f659b https://doi.org/10.1016/s1049-0078(99)80075-x Zobrazit plný text záznamu Full Text from ScienceDirect Plný text ve formátu HTML
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