Feldkircher, Martin; Korhonen, Iikka - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2012
This paper studies empirically the role of China in the world economy. We examine both the way the Chinese economy reacts to selected exogenous macroeconomic shocks and the repercussions for the world economy of a shock emanating from China. With regard to the latter, we focus on the responses...