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:	2012
Authors:	Sánchez-Fung, José R.
Publisher:	Helsinki : Bank of Finland, Institute for Economies in Transition (BOFIT)
Subject:	monetary policy and inflation \| information approach \| monetary aggregates \| interest rates \| China

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Series:	BOFIT Discussion Papers ; 18/2012
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
ISBN:	978-952-462-749-8
Other identifiers:	725545755 [GVK] hdl:10419/212742 [Handle] RePEc:zbw:bofitp:bdp2012_018 [RePEc]
Classification:	E52 - Monetary Policy (Targets, Instruments, and Effects)
Source:	EconStor

Persistent link: https://www.econbiz.de/10012148673