Articles liés à The Money Supply Process and Monetary Policy in China

The Money Supply Process and Monetary Policy in China - Couverture souple

Huang, Yanfen

 
9783631502167: The Money Supply Process and Monetary Policy in China

Synopsis

This book applies both the mechanistic money multiplier model and the credit market theory to analyse the money supply process and monetary policy in China. It examines the effectiveness of the central bank's monetary policy instruments, and assesses the possible monetary policy strategy and operating procedure. The central theme is that the money supply has endogenous features due to the lack of an interest rate mechanism. Therefore, interest rate liberalisation is the key to improving the effectiveness of monetary policy in China.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l'auteur

The Author : Yanfen Huang was a lecturer in the Faculty of National Economic Management at Renmin University of China in Beijing. In 1998 she got the DAAD-Scholarship and began to write her Ph.D. dissertation at the University of Essen in Germany.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.