An Institutional Analysis of China's Reform of their Monetary Policy Framework

This article traces the history of China's reform of its monetary policy framework and analyzes its success and problems. In the context of financial marketization and the failure of the quantity-targeting framework, the People's Bank of China transformed its monetary policy framework towa...

Ausführliche Beschreibung

Bibliographische Detailangaben

Veröffentlicht in:	Journal of economic issues 2020-07, Vol.54 (3), p.838-854
Hauptverfasser:	He, Zengping, Jia, Genliang
Format:	Artikel
Sprache:	eng
Schlagworte:	China fiscal effects on reserves interest rate target monetary policy framework
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!