Series: IMF Working Papers
Author(s): S. Oppers
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 1997
Keywords: People&;amp;#x2019;s Republic of China, aggregate demand, monetary fund, monetary policy, inflationary expectations
This paper investigates the macroeconomic cycles China has experienced since the onset of reform in the late 1970s. It finds that the recurrent inflationary episodes that characterize the cycles are associated prim...