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Current and future inflation in China are both dominated by inflation expectation and inertia, but dramatic instability of inflation expectation put directly negative impact on effects from inflation management policies. This paper, by applying ARMA and GARCH models, studies dynamics of shocks...

Based on the savings glut argument, proposed a new point of view that unlike the neoclassical and Keynesian, and on this basis, shows the current plight of the Chinese economy is heavily reliant on the root cause of the investment. Since 2008 the world financial crisis, reflections on...