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The Money Supply Process and Monetary Policy in China: 2931 (Europaische Hochschulschriften Reihe 5: Volks- und Betriebswirtschaft) - Tapa blanda
Sinopsis
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.
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Biografía del autor
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.
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- EditorialPeter Lang
- Año de publicación2002
- ISBN 10 3631502168
- ISBN 13 9783631502167
- EncuadernaciónTapa blanda
- Número de páginas215
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The Money Supply Process and Monetary Policy in China
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Peter Lang Ltd. International Academic Publishers Sep 2002, 2002
ISBN 10: 3631502168
ISBN 13: 9783631502167
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Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -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. 215 pp. Englisch. Nº de ref. del artículo: 9783631502167
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The Money Supply Process and Monetary Policy in China
Librería: AHA-BUCH GmbH, Einbeck, Alemania
Calificación del vendedor: 5 de 5 estrellas
Taschenbuch. Condición: Neu. Druck auf Anfrage Neuware - Printed after ordering - 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. Nº de ref. del artículo: 9783631502167
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