Economic Reform and the Demand for Money in China.
Error correction models of the demand for a range of monetary aggregates in China are estimated with quarterly data for the period 1983-88. The estimated models fit the data reasonably well and appear to be relatively stable. Money demand is found to be sensitive to changes in expected inflation. In...
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| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
1990.
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| Серія: | IMF Working Papers; Working Paper ;
No. 1990/042 |
| Онлайн доступ: | Full text available on IMF |