than before. That is, capital controls in China are still substantial and effective. In addition to exchange rate changes … variables that capture changes in China’s policy. …

China and ASEAN-4 (Indonesia, Malaysia, the Philippines and Thailand). The empirical results generally support the …

Given that the value of China’s currency has been hot topic recently, this paper explores the equilibrium levels of … China’s real and nominal exchange rates. Employing a Johansen cointegration framework, we focus on the behavioral …

negative relation between exchange rate volatility and trade flows. Given the current revaluation expectations, we find China … between China and its top trading partners. The empirical evidence suggests exchange rates (both real and nominal) do not … exert a significant influence on the overall exports from China. Thus, a devaluation or revaluation of the yuan should be …

In recent years China has experienced two forms of extreme macroeconomic imbalance: an expenditure imbalance in the …; risk of capital loss on the foreign exchange holdings; and the threat of retaliation by China's trading partners. A …

The paper models monetary policy in China using a hybrid McCallum-Taylor empirical reaction function. The feedback rule … investigation finds that monetary policy in China has, on average, accommodated inflationary developments. But exchange rate shocks …

The aim of this paper is to analyze the effect of corruption in bank lending. Corruption is expected to hamper bank …. Nevertheless the similarities between the consequences for bank lending of law enforcement and corruption are misleading, as they … consider only judiciary corruption. Corruption can also occur in lending and may then be beneficial for bank lending via bribes …

This research examines the connection between a country’s export structure and corruption, incorporating disaggregated ….g. agricultural, mineral, manufacturing and fuel) exert similar influences on corruption across nations. Our results suggest that … corruption decreases as nations attain prosperity, as economic and political freedoms increase, and with a larger government size …