Jiang, Chun; Chang, Tsangyao; Li, Xiao-Lin - In: International Review of Economics & Finance 35 (2015) C, pp. 249-261
This paper provides a fresh new insight into the dynamic relationship between money growth and inflation in China by applying a novel wavelet analysis. From a time-domain view, our findings show strong but not homogenous links between money growth and inflation in the mid-1990s and the period...