Exchange rate reform and its inflationary consequences: an empirical analysis for China (2003)
Journal Article
Lu, M., & Zhang, Z. (2003). Exchange rate reform and its inflationary consequences: an empirical analysis for China. Applied Economics, 35(2), 189-199. https://doi.org/10.1080/0003684022000017575

In examining China's exchange rate policy in the reforming years, the study finds empirical evidence of its long-run inflationary consequences, but the effects appear not to be sizable. In the short run, while changes in the devaluation rate are posi... Read More about Exchange rate reform and its inflationary consequences: an empirical analysis for China.