Showing 1 - 10 of 56
The People's Bank of China (PBoC) has taken numerous measures to cushion the impacts of the COVID-19 health crisis on … pricing signals, we employ a dynamic-factor modeling approach to derive an indicator of China's monetary policy stance. Our …
Persistent link: https://www.econbiz.de/10012614234
In light of the recent tit-for-tat trade dispute between China and the US, interest in quantifying the effects of the … China and the US, trade diversion effects are also analyzed. The model-based analysis finds noticeable positive (negative …) impacts of the agreement for the US (China) as well as negative spillover effects for countries not directly affected by the …
Persistent link: https://www.econbiz.de/10012815318
restrictions, while China's could be strengthened. …
Persistent link: https://www.econbiz.de/10013454151
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 equilibrium …
Persistent link: https://www.econbiz.de/10012148475
costs.In this paper we examine the empirical relevance of the NKPC for mainland China.The empirical results indicate that an … provides useful insights into the nature of inflation dynamics in mainland China as well as useful insights for the conduct of …
Persistent link: https://www.econbiz.de/10012148489
We present a new composite leading indicator of economic activity in mainland China, estimated using a dynamic factor …
Persistent link: https://www.econbiz.de/10012148509
We examine money demand in the Chinese economy during a period characterized by significant disinflation and outright deflation, coupled with strong output growth.Our study establishes a stable money demand system for broad money M2.Inflation affects the adjustment of the system towards...
Persistent link: https://www.econbiz.de/10012148513
This paper uses multivariate GARCH techniques to study volatility spillovers between the Chinese non-deliverable forward market and seven of its Asia-Pacific counterparts over the period January 1998 to March 2005.To account for the time-variability of conditional correlation, a dynamic...
Persistent link: https://www.econbiz.de/10012148519
economy.We use data on diffusion indices collected by the People's Bank of China for forecasting industrial production, retail …
Persistent link: https://www.econbiz.de/10012148533
displays considerable persistence. Our analysis provides evidence that the knock-on effects from China's U.S. dollar future …
Persistent link: https://www.econbiz.de/10012148539