Broad Money Demand and Asset Substitution in China /
Recent changes to China's financial system, in particular ongoing interest rate liberalization, gradual movement toward a more flexible exchange rate regime, and rapid development of capital markets, have changed substantially the environment in which monetary policy operates. In light of these...
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2009.
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Series: | IMF Working Papers; Working Paper ;
No. 2009/131 |
Online Access: | Full text available on IMF |