Solving the puzzle of China’s low inflation: A new perspective from sectoral core inflation fluctuations

China’s constantly rapid economic growth accompanying by a low overall inflation has long been mysterious in macroeconomics. The core purpose of this paper is to solve this puzzle. Therefore, we integrate overdetermined set of equations into a MUCSVO model to explore the volatility mechanism of the...

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Bibliographic Details

Published in:	Technological and Economic Development of Economy
Main Authors:	Dayu Liu, Bin Xu, Yang Song, Tingyu Liu
Format:	Article
Language:	English
Published:	Vilnius Gediminas Technical University 2024-03-01
Subjects:	sectoral core inflation sectoral inflation weight MUCSVO model augmented with overdetermined set of equations
Online Access:	https://aviation.vgtu.lt/index.php/TEDE/article/view/20532