Targets: Why Money and Credit?

  • Beggs M
  • Deer L
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Abstract

… In the 1990s and 2000s several studies estimated money demand functions for China. Most claimed to find stability in the function—… relationship: the money demand function had in fact not been stable. Furthermore, the studies found relationships between money and income …

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Beggs, M., & Deer, L. (2019). Targets: Why Money and Credit? In Remaking Monetary Policy in China (pp. 21–30). Springer Singapore. https://doi.org/10.1007/978-981-13-9726-4_3

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