Understanding the evolving inflation process in China
1997–2011
Bibliographic Data
| ID | 12007724 |
|---|---|
| Authors | Chengsi Zhang (0000-0003-0532-8657, Renmin University of China, corresponding author), Jianbo Song (0000-0002-5868-7269, Renmin University of China), Jefferey Breece (Renmin University of China) |
| Year | 2013 |
| Volume | 50 |
| Issue | 3 |
| Pages | 331-337 |
| Publication date | 2013-05-02 |
| Open Access | No |
| Type | ARTICLE |
| Venue | The Social Science Journal (JOURNAL) |
| Journal identifiers | ISSN: 0362-3319 • E-ISSN: 1873-5355 |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.1016/j.soscij.2013.04.002 |
| OpenAlex | W2015498050 |
| Language | EN |
| Citations received | 1 |
| References cited | 12 |
This paper analyzes the evolving inflation process in China from 1997 to 2011. We construct a multivariate dynamic framework that captures the features of interactions between inflation and other relevant variables in China. Empirical results show that excess liquidity holds the most important predictive power on inflation in China. Further investigation demonstrates that there is significant pass-through effect from exchange rates and import prices to domestic inflation. We conclude with several significant policy implications that are drawn from our findings
China · Construct (python library · Econometrics · Economics · Exchange rate · Geography · Inflation (cosmology · Macroeconomics · Market liquidity · Monetary economics · Monetary policy · Multivariate statistics · Predictive power · Process (computing · Computer Science · Global Financial Crisis and Policies · Market Dynamics and Volatility · Monetary Policy and Economic Impact
| Citations per year | 0.08 |
|---|---|
| Citation span | 2014 - 2014 (1) |
| Highly cited | No |