suggest that if China and Germany (as major surplus countries) switch their present VAT systems from a destination principle …

In this paper, we discuss monetary thought in ancient China from the perspective of Western monetary theory. We set out … the structure of economic activity in the various dynasties of ancient China and emphasize the differences in monetary … structure from those of Europe and later North America. Imperial China was a politically integrated structure with regional …

regions, the US, China, EU, Japan and the Rest of the World, and calibrated to a global 2009 micro consistent data set. The …Two closely related numerical general equilibrium models of world trade are used to analyze the potential consequences … of US–China bilateral retaliation on trade flows and welfare. One is a conventional Armington trade model with five …

We document the sharp expansion of higher education in China beginning in 1999 and analyze its impacts on the …-in-difference strategy, we find that China's expansion policy has sharply increased the unemployment rate among young college graduates, and …