Examining the role of monetary aggregates in China
AbstractThe paper examines the relative significance of monetary aggregates and interest rates in China using the information approach to monetary policy. The analysis reveals the superiority and robustness of a narrow monetary aggregate in contributing information about future movements in inflation.
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Bibliographic InfoPaper provided by Bank of Finland, Institute for Economies in Transition in its series BOFIT Discussion Papers with number 18/2012.
Length: 14 pages
Date of creation: 03 Sep 2012
Date of revision:
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More information through EDIRC
monetary policy and inflation; information approach; monetary aggregates; interest rates; China;
Other versions of this item:
- José R Sánchez-Fung, 2013. "Examining the role of monetary aggregates in China," Economics Bulletin, AccessEcon, vol. 33(2), pages 1290-1299.
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-09-16 (All new papers)
- NEP-MAC-2012-09-16 (Macroeconomics)
- NEP-MON-2012-09-16 (Monetary Economics)
- NEP-TRA-2012-09-16 (Transition Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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