• DocumentCode
    2098342
  • Title

    The empirical analysis on the effectiveness of Chinese monetary policy to contain inflation

  • Author

    Fa, Luo-gui

  • Author_Institution
    The School Of Economics and Management Of He Nan Polytechnic University, Jiao Zuo, China (45400)
  • fYear
    2010
  • fDate
    4-6 Dec. 2010
  • Firstpage
    1
  • Lastpage
    3
  • Abstract
    Whether the Chinese monetary policy can contain the inflation effectively, domestic theorists did not have a definitive conclusion until now. This article uses Akaike info criterion ADF examination, Johansen cointegration test, Granger cause and outcome test to analyze the effectiveness of China monetary policy in restraining the inflation in the period July 2005 to July 2008. The results show that inflation inertial RMB appreciation pressure offset china monetary policy effectiveness.
  • Keywords
    Agricultural products; Analytical models; Biological system modeling; Data models; Exchange rates; Indexes; Appreciation; Inflation; Monetary Policy;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Information Science and Engineering (ICISE), 2010 2nd International Conference on
  • Conference_Location
    Hangzhou, China
  • Print_ISBN
    978-1-4244-7616-9
  • Type

    conf

  • DOI
    10.1109/ICISE.2010.5689213
  • Filename
    5689213