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.
Contribution to Book
A mathematical model of China's monetary systemStudies on economic reforms and development in the People's Republic of China
Document TypeBook chapter
PublisherChinese University Press
Publisher StatementCopyright © The Chinese University of Hong Kong 1993. Access to external full text or publisher's version may require subscription.
Additional InformationISBN of the source publication: 0312091656
Citation InformationHe, X., He, L., & Ho, L.-s. (1993). A mathematical model of China's monetary system. In T.-t. Hsueh, Y.-w. Sung & J. Yu (Eds.), Studies on economic reforms and development in the People's Republic of China (pp. 63-76). Hong Kong: Chinese University Press.