Inflation in Mainland China - Modelling a Roller Coaster Ride
Michael Funke
Quantitative Macroeconomics Working Papers from Hamburg University, Department of Economics
Abstract:
The New Keynesian Phillips curve (NKPC) posits the dynamics of inflation as forward looking and related to marginal costs. In this paper we examine the empirical relevance of the NKPC for mainland China. The empirical results indicate that an augmented (hybrid) NKPC gives results that are consistent with the data generating process. It is in this respect that the NKPC provides useful insights into the nature of inflation dynamics in mainland China as well as useful insights for the conduct of monetary policy.
Keywords: China; Inflation; New Keynesian Phillips Curve (search for similar items in EconPapers)
JEL-codes: C22 E31 (search for similar items in EconPapers)
Date: 2005-07
New Economics Papers: this item is included in nep-cba, nep-mac, nep-mon, nep-sea and nep-tra
References: Add references at CitEc
Citations: View citations in EconPapers (4)
Downloads: (external link)
http://gulliver.econ.uni-hamburg.de/IWWT/homepage/qmwps/qm705.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to gulliver.econ.uni-hamburg.de:80 (No such host is known. )
Related works:
Working Paper: Inflation in Mainland China - Modelling a Roller Coaster Ride (2005) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:ham:qmwops:20507
Access Statistics for this paper
More papers in Quantitative Macroeconomics Working Papers from Hamburg University, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by ().