Matches in SemOpenAlex for { <https://semopenalex.org/work/W2088893528> ?p ?o ?g. }
- W2088893528 endingPage "144" @default.
- W2088893528 startingPage "137" @default.
- W2088893528 abstract "Over the last decade, the Chinese economy has begun to experience a shift from a system of direct macroeconomic control to a more indirect one. At the same time, rapid growth in currency stocks in circulation has been taking place. The ability of the central bank to forecast the quantity of money that Chinese consumers will demand while maintaining a certain level of national income and an acceptable rate of inflation has become an important issue faced by bank officials and policy makers. Failure in this regard can lead to economic instability and its consequences. Thus, the development of a demand for money equation appropriate for China is of the utmost concern. Pioneering work along these lines has been undertaken by Chow (1987) and Feltenstein and Farhadian (1987). Chow argued that his evidence indicates that the quantity theory provided a reasonable first approximation for the demand for money in China. Feltenstein and Farhadian theorized that, since Chinese prices were controlled by the central authority and shortages at these prices were commonplace, the appropriate money demand function would have as arguments perceived prices and perceived anticipated inflation, not the comparable magnitudes which were in fact released to the public. l The purpose of this article is to continue this exploratory work with an updated sample which runs to the end of 1987. A reasonably general demand for money equation is specified which admits approaches implied by previous work as special cases. Since the intention in this study is to focus on household demand for money, we use the most narrowly defined concept of money possible, namely currency in circulation. The reason is that in China currency in circulation is the only true medium of exchange. Demand deposits are not checkable and in fact can best be considered equivalent to savings deposits in the U.S .* The remainder of this article is organized as follows. In the second section we" @default.
- W2088893528 created "2016-06-24" @default.
- W2088893528 creator A5024196428 @default.
- W2088893528 creator A5047963630 @default.
- W2088893528 creator A5054755933 @default.
- W2088893528 date "1991-03-01" @default.
- W2088893528 modified "2023-09-27" @default.
- W2088893528 title "Money demand in china revisited: Some new empirical evidence" @default.
- W2088893528 cites W2042812703 @default.
- W2088893528 cites W2065618022 @default.
- W2088893528 cites W3123599989 @default.
- W2088893528 doi "https://doi.org/10.1016/1049-0078(91)90028-j" @default.
- W2088893528 hasPublicationYear "1991" @default.
- W2088893528 type Work @default.
- W2088893528 sameAs 2088893528 @default.
- W2088893528 citedByCount "8" @default.
- W2088893528 countsByYear W20888935282012 @default.
- W2088893528 countsByYear W20888935282019 @default.
- W2088893528 countsByYear W20888935282022 @default.
- W2088893528 crossrefType "journal-article" @default.
- W2088893528 hasAuthorship W2088893528A5024196428 @default.
- W2088893528 hasAuthorship W2088893528A5047963630 @default.
- W2088893528 hasAuthorship W2088893528A5054755933 @default.
- W2088893528 hasConcept C11111821 @default.
- W2088893528 hasConcept C111472728 @default.
- W2088893528 hasConcept C119599318 @default.
- W2088893528 hasConcept C121332964 @default.
- W2088893528 hasConcept C126285488 @default.
- W2088893528 hasConcept C127413603 @default.
- W2088893528 hasConcept C130625013 @default.
- W2088893528 hasConcept C132321396 @default.
- W2088893528 hasConcept C138885662 @default.
- W2088893528 hasConcept C139719470 @default.
- W2088893528 hasConcept C141121606 @default.
- W2088893528 hasConcept C162324750 @default.
- W2088893528 hasConcept C166052673 @default.
- W2088893528 hasConcept C175444787 @default.
- W2088893528 hasConcept C176398731 @default.
- W2088893528 hasConcept C17744445 @default.
- W2088893528 hasConcept C185592680 @default.
- W2088893528 hasConcept C18762648 @default.
- W2088893528 hasConcept C191935318 @default.
- W2088893528 hasConcept C198531522 @default.
- W2088893528 hasConcept C199539241 @default.
- W2088893528 hasConcept C200941418 @default.
- W2088893528 hasConcept C203379541 @default.
- W2088893528 hasConcept C2776290994 @default.
- W2088893528 hasConcept C2778816174 @default.
- W2088893528 hasConcept C33332235 @default.
- W2088893528 hasConcept C43617362 @default.
- W2088893528 hasConcept C556758197 @default.
- W2088893528 hasConcept C78519656 @default.
- W2088893528 hasConcept C84666643 @default.
- W2088893528 hasConcept C97355855 @default.
- W2088893528 hasConceptScore W2088893528C11111821 @default.
- W2088893528 hasConceptScore W2088893528C111472728 @default.
- W2088893528 hasConceptScore W2088893528C119599318 @default.
- W2088893528 hasConceptScore W2088893528C121332964 @default.
- W2088893528 hasConceptScore W2088893528C126285488 @default.
- W2088893528 hasConceptScore W2088893528C127413603 @default.
- W2088893528 hasConceptScore W2088893528C130625013 @default.
- W2088893528 hasConceptScore W2088893528C132321396 @default.
- W2088893528 hasConceptScore W2088893528C138885662 @default.
- W2088893528 hasConceptScore W2088893528C139719470 @default.
- W2088893528 hasConceptScore W2088893528C141121606 @default.
- W2088893528 hasConceptScore W2088893528C162324750 @default.
- W2088893528 hasConceptScore W2088893528C166052673 @default.
- W2088893528 hasConceptScore W2088893528C175444787 @default.
- W2088893528 hasConceptScore W2088893528C176398731 @default.
- W2088893528 hasConceptScore W2088893528C17744445 @default.
- W2088893528 hasConceptScore W2088893528C185592680 @default.
- W2088893528 hasConceptScore W2088893528C18762648 @default.
- W2088893528 hasConceptScore W2088893528C191935318 @default.
- W2088893528 hasConceptScore W2088893528C198531522 @default.
- W2088893528 hasConceptScore W2088893528C199539241 @default.
- W2088893528 hasConceptScore W2088893528C200941418 @default.
- W2088893528 hasConceptScore W2088893528C203379541 @default.
- W2088893528 hasConceptScore W2088893528C2776290994 @default.
- W2088893528 hasConceptScore W2088893528C2778816174 @default.
- W2088893528 hasConceptScore W2088893528C33332235 @default.
- W2088893528 hasConceptScore W2088893528C43617362 @default.
- W2088893528 hasConceptScore W2088893528C556758197 @default.
- W2088893528 hasConceptScore W2088893528C78519656 @default.
- W2088893528 hasConceptScore W2088893528C84666643 @default.
- W2088893528 hasConceptScore W2088893528C97355855 @default.
- W2088893528 hasIssue "1" @default.
- W2088893528 hasLocation W20888935281 @default.
- W2088893528 hasOpenAccess W2088893528 @default.
- W2088893528 hasPrimaryLocation W20888935281 @default.
- W2088893528 hasRelatedWork W1493530493 @default.
- W2088893528 hasRelatedWork W1546272790 @default.
- W2088893528 hasRelatedWork W1578573614 @default.
- W2088893528 hasRelatedWork W1580680048 @default.
- W2088893528 hasRelatedWork W1668724195 @default.
- W2088893528 hasRelatedWork W19350929 @default.
- W2088893528 hasRelatedWork W2058406108 @default.
- W2088893528 hasRelatedWork W2065618022 @default.
- W2088893528 hasRelatedWork W2074111241 @default.