Name: The Inflation Mechanism and Expectations: Evidence from China (en Inglés)
Price: 381029.00 COP
Availability: InStock
Author: Li, Laya ; Huang, Lei
ISBN: 9789819725694

portada The Inflation Mechanism and Expectations: Evidence from China (en Inglés)

The Inflation Mechanism and Expectations: Evidence from China (en Inglés)

Formato

Libro Físico

Autor

Laya Li

Traducido por

Lei Huang

Editorial

Springer

Idioma

Inglés

N° páginas

290

Encuadernación

Tapa Dura

ISBN13

9789819725694

Categorías

Administración pública
Políticas del gobierno central
Economía política
Hacienda pública, fiscalidad

The Inflation Mechanism and Expectations: Evidence from China (en Inglés)

Laya Li (Autor) · Lei Huang (Traducido por) · Springer · Tapa Dura

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Reseña del libro "The Inflation Mechanism and Expectations: Evidence from China (en Inglés)"

This book reflects China's experience, model and theory of successful inflation control. The idea of Stabilization of Expectations emphasized by the Chinese government was primarily proposed in this book with systematic theoretical support. The theory framework initiated in this book has been about 10 years earlier than that of the European and American economists. The core theory of this work is Sticky Expectation Theory, which breaks through the framework of neoclassical economic theory, denies the fundamental preconditions of neoclassical economic theory to establish a new theoretical framework so as to understand people's economic behavior and explain the operating mechanism of economy. This book establishes the Chinese version of flexible inflation targeting system, policy transparency, policy rules, and expectation management as the means to prevent and manage inflation and macro-control. Readers will gain a better understanding of the research achievements of Chinese scholars in the field of inflation management as well as the theory of expectations. Readers can further understand the Chinese approach in tackling inflation issue and other macro-economic control measures proposed by this book.