There is an ongoing debate in the literature about the quality content of Chinese exports and to what extent China … imposes a threat to the market positions of advanced economies. While China's export structure is very similar to that of the … values reflect quality the prevailing view of the literature is that China exports low quality varieties of the same products …

The rapid transition of China from a closed agricultural society to an industrial powerhouse has been associated with a … rapid increase in the share of China in world trade. As the world is taking the full measure of this phenomenon, tensions … have been arising ranging from holding China partly responsible for global imbalances to complaints about the “excessive …

market countries (Brazil, Russia, India and China), adding constraints that reflect a central bank’s desire to hold a sizable …

We model provincial inflation in China during the reform period. In particular, we are interested in the ability of the …

This paper sheds new light on the external and domestic dimension of China’s exchange rate policy. It presents an open … economy model to analyse both dimensions of macroeconomic adjustment in China under both flexible and fixed exchange rate … regimes. The model-based results indicate that persistent current account surpluses in China cannot be rationalized, under …

This paper empirically models China’s stock prices using conventional fundamentals: corporate earnings, risk … results show that China’s equity prices can be reasonable well modelled using fundamentals, but that various booms and busts …

This paper studies the wealth channel in China. Using the structural vector autoregression method, we find that a … loosening of China’s monetary policy indeed leads to higher asset prices, which in turn are linked to household consumption …. However, the importance of the wealth channel as a part of the monetary policy transmission mechanism in China is still …

There is an ongoing debate in the literature about the quality content of Chinese exports and to what extent China … imposes a threat to the market positions of advanced economies. While China’s export structure is very similar to that of the … values reflect quality the prevailing view of the literature is that China exports low quality varieties of the same products …

euro and the Chinese renminbi (RMB). It focuses on what we call China’s “dominance hypothesis”, i.e. whether the renminbi … global financial crisis. These results are consistent with China’s dominance hypothesis and with the view that the … international monetary system is already tri-polar. However, we also find that China’s currency movements are to some extent …