UID:
almahu_9949420026102882
Format:
1 online resource (xi, 236 pages) :
,
illustrations.
ISBN:
9781003305651
,
1003305652
,
1000618102
,
9781000618051
,
1000618056
,
9781000618105
Series Statement:
China perspectives
Content:
"This book deploys quantitative methods to focus on the operation of the Chinese economy as a whole since the reforms in 1978, by combining a range of mathematical, algorithmic and computational methods to analyze rich empirical data, seeking to demonstrate the long-term economic trends and dynamics of economic growth and fluctuations in China. To answer the core question, i.e. how did the Chinese economy become what it is, the author draws on dynamic stochastic general equilibrium (DSGE) modeling and calibration, while also exploring microfoundations to reveal optimization behavior within a context of economic change at the macro level. The book examines internal shocks in the Chinese economic system including institutional changes, credit policy and monetary policy; all closely associated with issues of enhancing the coordination and sustainability of development and the effectiveness and efficiency of policy reforms. It also elaborates on China's close interactions with the global economy, shedding light on the dynamic effects of energy prices, the Chinese Yuan exchange rate and foreign direct investment. This book is an essential reference for researchers and students interested in the Chinese economy, methods of microeconomic dynamics and macroeconomic theory and policy"--
Note:
Translated by Yali Li and Jia Dai-- title page verso.
,
Translated from the Chinese.
Additional Edition:
Print version: Sun, Ninghua. Chinese macroeconomy Abingdon, Oxon ; New York, NY : Routledge, 2023 ISBN 9781032304489
Language:
English
Keywords:
History.
;
Electronic books.
DOI:
10.4324/9781003305651
URL:
https://www.taylorfrancis.com/books/9781003305651
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