Chang, Chih-Hsiang; Chan, Kam C.; Fung, Hung-Gay - In: China & World Economy 17 (2009) 2, pp. 35-44
Over the past 30 years, China has achieved remarkable long-term economic growth. Using quarterly data, we study the … effects of money supply on real output and inflation in China between 1993 and 2008. To this end, we use money supply shocks … effect of positive and negative money supply shocks on real output and inflation in China. That is, real GDP growth in China …