This paper evaluates the success of Inflation Targeting on inflation and growth on a large panel data set of both … evidence to show that the support for a successful Inflation Targeting policy is very weak or non-existent. We use various … the process by which inflation targeting is hypothesised to influence inflation and growth, Section 3 surveys this …

income trap" as China exhausts the benefits of international technology transfer. IKC is productivity-enhancing among Chinese … China's IKC generates patents in China, but fewer than in major industrialized economies. Among domestically owned …

China has achieved tremendous economic progress in the last three decades, but there is much work to be done to make … in striking the right balance in terms of speed and coordination of reforms. We argue that China's current stage of …

incomes from 1986 to 1999. Using a detailed household-level data set from rural China, we find robust evidence that initial …

China has achieved impressive growth over the last three decades. However, there has been debate over the sources of … quantifying their contributions to growth. In this paper, we develop a three-sector dynamic model to quantify the sources of China … continues to absorb more than half of all fixed investment. If capital had been allocated efficiently, China could have achieved …

We document dramatic rising wages in China for the period 1978-2007 based on multiple sources of aggregate statistics …-intensive and labor-intensive industries have widened. Comparisons of international data show that China's manufacturing wage has … already converged to that of Asian emerging markets, but China still enjoys enormous labor cost advantages over its …

While China shared many systemic, initial conditions with the transition economies of Central-East Europe (CEE) and the … CEE and CIS countries. Unlike most of the CEE and CIS economies, China adopted a strategy of gradual economic … transformation that maintained the existing system and created new economic activities on top of it. This enabled China to avoid the …

We study the dispersion in rates of provincial economic- and TFP growth in China. Our results show that regional growth … regional gaps in China as well as an efficient means to promote economic growth. …

Survey data from urban China in 2002 show levels of life satisfaction to be low, but not exceptionally so, by … international comparison. Many of the determinants of life satisfaction in urban China appear comparable to those for people in … and political participation raise life satisfaction. People appear fairly satisfied with economic growth and low inflation …