China’s Monetary Policy and Interest Rate Liberalization: Lessons from International Experiences

China’s Monetary Policy and Interest Rate Liberalization: Lessons from International Experiences
China has been moving to a more market oriented financial system, which has implications for the monetary policy environment. The paper investigates the stability of the money demand function (MDF) in light of progress in financial sector reforms that, for example, have resulted in significant financial innovation (so-called shadow banking) and... READ MORE...

Publication date: May 2014
ISBN 9781484366295
$18.00

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