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Author: | Gang, Y. |
Title: | Towards estimating the demand for money in China |
Journal: | Economics of Planning
1993 : NO. 3. p. 243-270 |
Index terms: | CHINA MONEY DEMAND INFLATION |
Language: | eng |
Abstract: | The demand for money in China is estimated separately for the periods before and after the economic reform. Besides the traditional transactions demand variable, the expected rate of inflation and the monetization process are also incorporated into the demand function. The preliminary results show that the demand for money in China has changed in response to the institutional changes during the economic reform. |
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