Inflation in China: Microfoundations, Macroeconomic Dynamics, and Monetary Policy

— —

Chengsi Zhang Diana Gao

Inflation in China

Microfoundations, Macroeconomic Dynamics, and Monetary Policy

Chengsi Zhang, Diana Gao

$83.99

Paperback

Not in-store but you can order this
How long will it take?

Availability Information

We source books from suppliers in Australia and overseas. For books we don't currently have in stock, the time it takes to get them from our suppliers can vary widely - from a few days to a few months - so we check each book with each supplier to determine the expected time it will take to be supplied to us.

We then advise you accordingly. If the time taken to get any book is too long for you, you can let us know and we will cancel or adjust your order, and refund as required.

To find out the anticipated arrival time for specific items prior to ordering, please contact us by phone or email:

Phone +61 2 9264 3111, or 1800 4 BOOKS (1800 4 26657) if outside Sydney:
option 1 Abbey's Bookshop (Crime, History, Science, Kids & more) • info@abbeys.com.au
option 2 Language Book Centre (ESL & Foreign Languages) • language@abbeys.com.au
option 3 Galaxy Bookshop (Sci-fi, Fantasy, Romance, Graphic Novels) • sf@galaxybooks.com.au

QTY:

English

Routledge
29 April 2022

Economic theory & philosophy; Macroeconomics; Public finance accounting

Series: China Perspectives

Inflation plays a central role in macroeconomic and financial policy regulation, and its dynamic formation has gradually become a popular research topic in this field. This book comprehensively studies the dynamic mechanism of inflation in China from the perspective of New Keynesian economics.

By combining the dynamic trajectory of price changes since China's reform and opening-up under Deng Xiaoping as well as the underlying economic operating characteristics, the book deploys a multifaceted approach to understand the mechanism of inflation dynamics. The author explores the microfoundations of inflation dynamics, and underlines their importance in the context of modern monetary policy. In particular, he builds upon the traditional New Keynesian Phillips curve to include factors of globalization and financialization within the inflation formation regime of modern China.

As the book explores the dynamic mechanism of China's inflation from different perspectives including inflation cycle theory, price index internal conduction, price index chain transmission, capital rotation, and industry inflation mechanisms, international readers will gain a full understanding of China's inflation, monetary policy, and economy.

By: Chengsi Zhang
Other: Diana Gao
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 462g
ISBN: 9780367536039
ISBN 10: 036753603X
Series: China Perspectives
Pages: 302
Publication Date: 29 April 2022
Audience: College/higher education , Primary
Format: Paperback
Publisher's Status: Active

Chengsi Zhang is Cheung Kong Distinguished Professor of Finance at the School of Finance, Renmin University of China, specializing in monetary policy, inflation mechanisms, and financial development. He published articles in leading journals, including the Journal of Money, Credit and Banking, International Journal of Central Banking, and Journal of International Money and Finance, among many other academic journals.