Kód: 10025175
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 instr ... celý popis
Nákupem získáte 215 bodů
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.
Zařazení knihy Knihy v angličtině Economics, finance, business & management Economics Macroeconomics
2145 Kč
Osobní odběr Praha, Brno a 12903 dalších
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