China’s monetary policy: Quantity versus price rules

Two monetary policy rules, the money supply (quantity) rule and interest rate (price) rule, are explored for China in a dynamic stochastic general equilibrium model. The empirical results seem to indicate that the price rule is likely to be more effective in managing the macroeconomy than the quanti...

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Bibliographic details
Volume: 31
Main Author: Zhang, Wenlang
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: BATON ROUGE Elsevier Inc 01.09.2009
LOUISIANA STATE UNIV PR
Elsevier
Elsevier B.V
published in: Journal of macroeconomics Vol. 31; no. 3; pp. 473 - 484
Data of publication: September 2009
ISSN: 0164-0704
1873-152X
EISSN: 1873-152X
Discipline: Economics
Series: Journal of Macroeconomics
Subjects:
E58
E52
Online Access: available in Bonn?
Database: Social Sciences Citation Index
Web of Science - Social Sciences Citation Index - 2009
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