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significantly and persistently positive after 2002, when China entered WTO. The effect of the current return for Shanghai on New … global financial crisis, but reaches the level of about 0.4 to 0.5 in 2010 for both markets. Our results show that China …
Persistent link: https://www.econbiz.de/10009251251
a search for common global and regional driving-forces in stock market returns and volatility. We focus particularly on … two emerging stock markets - Russia and China, because of their unique characteristics and performance in the past years …
Persistent link: https://www.econbiz.de/10005419590
The volatility of financial markets has been a relevant topic for transition economies, as the countries of Central and … Eastern Europe and the former Soviet Union have seemingly endured high levels of volatility in their financial sectors during … the transition process. But what have been the determinants of this financial volatility? This paper posits that …
Persistent link: https://www.econbiz.de/10010752334
affected by ‘volatility contagion’ coming from emerging markets. I find also some partial support for the ‘volatility contagion …
Persistent link: https://www.econbiz.de/10005648630
in China is not explained simply by factor input accumulation. …
Persistent link: https://www.econbiz.de/10004969818
China’s local government debt (LGD) has recently become the focus of economic policy debates. However, information … investigation of the impact of China’s LGD on economic growth. It is probably the first of its kind to focus on China and thus … assessment of LGD in China’s regional economies, using recently released auditing statistics and other available secondary …
Persistent link: https://www.econbiz.de/10011098218
the experience of China, an economy undergoing dramatic institutional change in the last 20 years with rich variation in …
Persistent link: https://www.econbiz.de/10011267943
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
This paper focuses on monetary policy in China. A set of different specifications for the monetary policy reaction … of China have come to place more weight on price-based instruments. A time-varying estimation procedure suggests that the …
Persistent link: https://www.econbiz.de/10011204442