haku: @journal_id 1582 / yhteensä: 101
viite: 70 / 101
| Tekijä: | Zhang, Nengying |
| Otsikko: | The option of intermediary objective of China's monetary policy (original in Chinese) |
| Lehti: | Shanghai Economic Review (c)
1997 : 8, p.50-52 |
| Asiasana: | MONETARY POLICY CHINA |
| Kieli: | chn |
| Tiivistelmä: | As far as China is concerned, it is more realistic and rational to choose money supply as the intermediate objective in the operation of the present monetary policy. M0 is both the important part of basic money in the total amount of money and the one reflecting the true purchasing power. Therefore, Mo should be taken as the intermediate objective. Viewed both from relativity and from being easy to control, M0, taken as the intermediate objective is more effective compared with M1 and M2. |
SCIMA