The Chinese financial system is different. The central bank, the People’s Bank of China, conducts monetary policy differently from Western inflation-targeting central banks. This has created much confusion about how Chinese monetary policy works. Finn M Körner and I have finally published our working paper online. You find it here. This is the full abstract:econoblog 101
Chinese monetary policy – how does it work?
Dirk Ehnts | Berlin School for Economics and Law
1 comment:
Good info but long read. There went an hour.
Post a Comment