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
Link To Document