Examining the role of monetary aggregates in China

The 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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Year of publication:	2013-05-27
Authors:	Sánchez-Fung, José R
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 33.2013, 2, p. 1290-1299
Publisher:	AccessEcon
Subject:	Monetary policy and inflation \| information approach \| monetary aggregates \| interest rates \| China

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Extent:	application/pdf
Type of publication:	Article
Classification:	E5 - Monetary Policy, Central Banking and the Supply of Money and Credit ; E4 - Money and Interest Rates
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010835816