Showing 1 - 10 of 13
We investigate the relationship between economic growth and lagged international capital flows, disaggregated into FDI, portfolio investment, equity investment, and short-term debt. We follow about 100 countries during 1990-2010 when emerging markets became more integrated into the international...
Persistent link: https://www.econbiz.de/10012461155
analysis. The stylized facts differ qualitatively across different phases or economies. We argue that the impacts of China …
Persistent link: https://www.econbiz.de/10012480873
allocation. We develop a two-stage estimation approach and apply it to China's loan-level data that covers all sectors in the …
Persistent link: https://www.econbiz.de/10012481311
Using three unique micro datasets, we find that an unexpected and unprecedented loosening of China's LTV policy for non …
Persistent link: https://www.econbiz.de/10012482311
We estimate the quantity-based monetary policy system in China. We argue that China's rising shadow banking was …
Persistent link: https://www.econbiz.de/10012455304
We develop a new empirical framework to identify and estimate the effects of monetary stimulus on the real economy. The framework is applied to the Chinese economy when monetary policy in normal times was switched to an extraordinarily expansionary regime to combat the impact of the 2008...
Persistent link: https://www.econbiz.de/10012456030
rigorous and systematic research in the evaluation of out-of-sample model-based forecasts of China's real GDP growth and CPI … of predicting turning points and to be usable for policy analysis under different scenarios. It predicts that China …
Persistent link: https://www.econbiz.de/10012456277
We argue that China's rising shadow banking was inextricably linked to potential balance-sheet risks in the banking … banking (the banking system) in China …
Persistent link: https://www.econbiz.de/10012456782
research on China. Second, we document, through various empirical methods, the robust findings about striking patterns of trend … offers a constructive framework for studying China's modern macroeconomy …
Persistent link: https://www.econbiz.de/10012457423
, a level that China should achieve by or soon after 2015. Among our more provocative findings is that growth slowdowns …
Persistent link: https://www.econbiz.de/10012461738