Showing 1 - 10 of 18
county- and city-level dataset that spans all of mainland China and provides a detailed view of Chinese regional growth over …
Persistent link: https://www.econbiz.de/10005207088
With recovery from the global financial crisis in 2009 and 2010, inflation emerged as a major concern for many central banks in emerging Asia. We use data observed at mixed frequencies to estimate the movement of Chinese headline inflation within the framework of a state-space model, and then...
Persistent link: https://www.econbiz.de/10009399694
This paper accounts for China’s economic growth since 1980 in a unified endogenous growth model in which a sequencing … of physical capital accumulation, human capital accumulation and innovation drives the rise in China’s aggregate income … can generate a trajectory that accords well with the different stages of development in China. …
Persistent link: https://www.econbiz.de/10010552496
Monetary policy in mainland China differs from conventional central banking in several respects. The central bank … captures China’s unconventional monetary policy toolkit. We find that credit quotas are important as the interest-rate corridor … distorts the efficient reactions of the economy. Moreover, for China’s central bankers the choice of a particular monetary …
Persistent link: https://www.econbiz.de/10010558453
The recent increase in Chinese house prices has led to concerns that China is vulnerable to asset price shocks. In this … disconnected from fundamentals. Thus, the evidence for speculative house price bubbles in China is in general weak. …
Persistent link: https://www.econbiz.de/10010611607
in China is not explained simply by factor input accumulation. …
Persistent link: https://www.econbiz.de/10004969818
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/10005771106
costs. In this paper we examine the empirical relevance of the NKPC for mainland China. The empirical results indicate that … the NKPC provides useful insights into the nature of inflation dynamics in mainland China as well as useful insights for …
Persistent link: https://www.econbiz.de/10005190684
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/10005419581
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