000			01853nam a22002057a 4500
005			20250112191915.0
008			250112b |||||||| |||| 00| 0 eng d
020			_a9789819725694
082			_a330.951 _bLi
100			_aLi, Laya _920458
245			_aThe inflation mechanism and expectations: _bevidence from China
260			_bSpringer _aSingapore _c2024
300			_axIix, 214 p.
365			_aEUR _b129.99
490			_aUnderstanding China
520			_aThis 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. (https://link.springer.com/book/10.1007/978-981-97-2570-0)
650			_aInflation--China _920459
700			_aHuang, Lei [Translator] _920460
942			_cBK _2ddc
999			_c8458 _d8458