costs. In this paper we examine the empirical relevance of the NKPC for mainland China. The empirical results indicate that … the NKPC provides useful insights into the nature of inflation dynamics in mainland China as well as useful insights for …

costs.In this paper we examine the empirical relevance of the NKPC for mainland China.The empirical results indicate that an … provides useful insights into the nature of inflation dynamics in mainland China as well as useful insights for the conduct of …