Loading presentation...

Present Remotely

Send the link below via email or IM

Copy

Present to your audience

Start remote presentation

  • Invited audience members will follow you as you navigate and present
  • People invited to a presentation do not need a Prezi account
  • This link expires 10 minutes after you close the presentation
  • A maximum of 30 users can follow your presentation
  • Learn more about this feature in our knowledge base article

Do you really want to delete this prezi?

Neither you, nor the coeditors you shared it with will be able to recover it again.

DeleteCancel

Make your likes visible on Facebook?

Connect your Facebook account to Prezi and let your likes appear on your timeline.
You can change this under Settings & Account at any time.

No, thanks

A STUDY ON INFLATION & UNEMPLOYMENT IN CHINA

No description
by

Dũng Nguyễn

on 13 April 2015

Comments (0)

Please log in to add your comment.

Report abuse

Transcript of A STUDY ON INFLATION & UNEMPLOYMENT IN CHINA

A STUDY ON
INFLATION & UNEMPLOYMENT IN CHINA

GROUP 3 - CT40C
Hồ Phan Anh
Khuất Thị Ngọc Anh
Nguyễn Ngọc Dũng
Nguyễn Khánh Linh
Nguyễn Lê Nhật Linh
BACKGROUND KNOWLEDGE
MODERATE
INFLATION
GALLOPING
INFLATION
HYPER
INFLATION
THE
PHILLIPS CURVE
NATURAL
UNEMPLOYMENT
CYCLICAL
UNEMPLOYMENT
China, one of the world fastest-growing major economies, still has to face a number of major issues
INFLATION & UNEMPLOYMENT RATE
IN CHINA
Both inflation rate & unemployment rate
were high
The differences in the change of AD of an economy in both long term and short term.
STAGE 2
In place of the Phillips curve, many economists began to posit a “natural rate of unemployment.”
In short term, real unemployment rate
may not equal to
expected unemployment rate
but in long term,
as being affected by monetary policies,
it may be equal.
THE PHILLIPS CURVE PHENOMENA
IN CHINA
The correlation coefficient between the Chinese inflation rate and unemployment rate in 2011 was -0.62.
The R square or explanatory power of this relationship is 0.38.
Namely, only 38% change in the inflation rate can be explained by the variation of the unemployment rate.
In other words, the remaining 62% variance of the inflation rate cannot be explained by the sole unemployment rate.
STRATEGIES
TAX CUT
IN THE
CORPORATE SECTOR
LOOSENING THE
CHINESE YUAN
CONTROL
MONEY SUPPLY
CONTRACTION
TAX CUT
FOR
LOW EARNERS
INFLATION
SOCIAL SECURITY
POLICY
UNEMPLOYMENT
DEVELOPING NON-PROFIT
PUBLIC POSTS
FISCAL, TAXATION, FINANCIAL
POLICIES
MACROECONOMICS
POLICIES
IMPROVING
THE PUBLIC EMPLOYMENT
SERVICE SYSTEM,
FOSTERING & DEVELOPING
THE LABOR MARKET
THANK YOU
FOR LISTENING!
Full transcript