Goodfriend, Marvin; Prasad, Eswar S. - In: CESifo economic studies : CESifo, a joint initiative of … 53 (2007) 1, pp. 2-41
As the Chinese economy becomes more market based and continues its rapid integration into the global economy, having an … independent and effective monetary policy regime oriented to domestic objectives will become increasingly important. Employing … modern principles of monetary policy in light of the current state of China's financial institutions, we motivate and present …