03571nam a22005895i 4500 978-981-97-2570-0 DE-He213 20251030113236.0 cr nn 008mamaa 241020s2024 si | s |||| 0|eng d 9789819725700 978-981-97-2570-0 10.1007/978-981-97-2570-0 doi HD87-87.55 KCP bicssc POL024000 bisacsh KCP thema Li, Laya. author. aut http://id.loc.gov/vocabulary/relators/aut 86326 The Inflation Mechanism and Expectations [electronic resource] : Evidence from China / by Laya Li. 1st ed. 2024. Singapore : Springer Nature Singapore : Imprint: Springer, 2024. L, 214 p. 41 illus., 4 illus. in color. online resource. text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda Understanding China, 2196-3142 Analysis on Flow and Stock Variables in the Economic System -- Basic Concepts of Aggregate Supply and Aggregate Demand -- Formation Processes of the Aggregate Demand and Aggregate Supply Function -- The Formation Processes of the Aggregate Supply and Aggregate Supply Function. This 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. Economic policy. 58351 Public administration. 57503 Finance, Public. 59081 Economic history. 57506 Finance. 58339 Economic Policy. 58351 Public Administration. 57503 Public Economics. 72216 Economic History. 57506 Financial Economics. 69737 SpringerLink (Online service) Springer Nature eBook Printed edition: 9789819725694 Printed edition: 9789819725717 Printed edition: 9789819725724 Understanding China, 2196-3142 72877 https://doi.org/10.1007/978-981-97-2570-0 ZDB-2-ECF ZDB-2-SXEF 64346 64346