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Money demand and its stability have a great impact on the economy of a country. Because China's financial and monetary … system has been in reform, there are many uncertainties in money demand. Especially, China's money demand has its own … particularity. This paper studies the determinants of China's money demand through building a linear econometric model and SVAR …
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Error correction models of the demand for a range of monetary aggregates in China are estimated with quarterly data for … indirect evidence against the existence of substantial repressed inflation in China during the sample period …
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