Financialisation of goods in China  

作　　者：Zehao Liu 

机构地区：[1]School of Economics and Management,Tsinghua University,Beijing,China

出　　处：《Economic and Political Studies》2017年第1期87-105,共19页经济与政治研究（英文版）

摘　　要：This paper analyses price fluctuations of common goods in China.There are two types of fluctuation patterns in the underlying prices:the pattern of persistent and modest rises and the pattern of abrupt rises followed by dramatic falls.The analysis reveals that these two fluctuation patterns are related to a growing phenomenon of goods financialisation in China.This paper uses time series data to show that goods financialisation in China is indeed under its way to various levels,which renders different dynamic effects on consumer price inflation.The findings also have implications for making macroeconomic policies.

关 键 词：Goods financialisation financial awareness INVESTMENT INFLATION 

分 类 号：F42[经济管理—产业经济]