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Explaining money demand in China during the transition from a centrally planned to a market-based monetary system.

Fundamental changes in institutions during the transition from a centrally planned to a market economy present a formidable challenge to monetary policy decision makers. For the case of China, we examine the institutional changes in the monetary system during the process of transition and develop mo...

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Published in:Post-Communist Economies Vol. 26; no. 3; pp. 376 - 401
Main Authors: Delatte, Anne-Laure, Fouquau, Julien, Holz, Carsten
Format: Article
Published: Taylor & Francis Ltd Sep2014
Subjects:
Capitalism
Economic models
Demand for money
Strategic planning
Monetary systems
Estimation theory
Online Access:View this record in EBSCOhost