Showing 1 - 10 of 103
major actor in China's domestic capital allocation, with an active role in strategic financing and restructuring of key …
Persistent link: https://www.econbiz.de/10005190665
We study the consequences of CEO turnover announcements on the stock prices of firms in China, where most listed firms …
Persistent link: https://www.econbiz.de/10010818586
We present a new composite leading indicator of economic activity in mainland China, es-timated using a dynamic factor …
Persistent link: https://www.econbiz.de/10005419594
economy. We use data on diffusion indices collected by the People’s Bank of China for forecasting industrial production …
Persistent link: https://www.econbiz.de/10005648573
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 … world economy despite the rapid rise of China in recent years. In this vein, output rises in advanced economies by 1% to 1 …
Persistent link: https://www.econbiz.de/10010818566
We summarize previous research on China’s business cycle correlation with other countries with the help of meta … confirm that especially Pacific Rim countries have relatively high business cycle correlation with China. However, it appears …
Persistent link: https://www.econbiz.de/10011204440
sector in mainland China by means of a nonlinear stochastic general equilibrium (DSGE) model with occasionally binding …, tighter regulation of interest rates in the commercial banking sector in China leads to an increase in loans provided by the …
Persistent link: https://www.econbiz.de/10011204441
The voluminous literature on the privatization of Russian industry overlooks, almost completely, the story of enterprise land rights – a story that does not jibe well with the standard narrative of post-Soviet reform. This paper explains the path that has led to significant inter-regional...
Persistent link: https://www.econbiz.de/10009324207
We analyse how the choice of reform speed and economic growth affect one another. We estimate a system of three equations where economic growth, economic reform and FDI are jointly determined. New reforms affect economic growth negatively, whereas the level of past reform leads to higher growth...
Persistent link: https://www.econbiz.de/10005419609
Using a novel data set from post-communist countries in the 1990s, this paper examines linkages between political constraints, economic reforms and growth. A dynamic panel analysis suggests public support for reform is negatively associated with income inequality and unemployment. Both the ex...
Persistent link: https://www.econbiz.de/10005648607