A mathematical model of China's monetary system

Xiangwei HE, Lin HE, Lok Sang HO

Research output: Book Chapters | Papers in Conference ProceedingsBook ChapterResearchpeer-review


Reform of the banking system and the series of economic reforms in China have transformed the demand-supply mechanism for money, causing changes in the structural coefficients in the demand and supply equations. The objective of this paper is to analyse the new demand-supply relationships using mathematical methods.
Original languageEnglish
Title of host publicationStudies on economic reforms and development in the People's Republic of China
EditorsTien-tung HSUEH, Yun-wing SUNG, Jingyuan YU
PublisherThe Chinese University of Hong Kong Press
Number of pages14
ISBN (Print)0312091656
Publication statusPublished - 1993
Externally publishedYes


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