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Persistent link: https://www.econbiz.de/10009425655
incompleteness-on China's housing prices. The model implies that to eradicate the root causes of the rising housing price …
Persistent link: https://www.econbiz.de/10012485938
After many years of rapid expansion, China's growth is slowing to more sustainable levels and is rebalancing, with … financial markets. It finds that countries with closer trade linkages with China (Malaysia, Singapore, and Thailand) and net … points in response to a decline in China's growth by 1 percentage point depending on the model used and the nature of the …
Persistent link: https://www.econbiz.de/10011715194
booming sector create a misallocation of managerial talent. Using comprehensive firm-level data from China, I first provide …
Persistent link: https://www.econbiz.de/10011932395
carries risks. International experience suggests that China's credit growth is on a dangerous trajectory, with increasing … risks of a disruptive adjustment and/or a marked growth slowdown. Several China-specific factors-high savings, current …
Persistent link: https://www.econbiz.de/10011799612
tradable industries and that output volatility is much greater in China than in industrial economies. We find that the driving … force behind our simulation results is strongly related to the non-uniform nature of credit market imperfections in China …
Persistent link: https://www.econbiz.de/10014399360
This paper investigates the macroeconomic cycles China has experienced since the onset of reform in the late 1970s. It …
Persistent link: https://www.econbiz.de/10014403282
in China during the last decade, drawing upon previous analytical work and also employing the “Granger causality” test …
Persistent link: https://www.econbiz.de/10014395816
Labor market informality is a pervasive feature of most developing economies. Motivated by the empirical regularity that the labor informality rate falls with GDP per capita, both at business cycle frequency and in a cross-section of countries, and that the Okun's coefficient falls with the...
Persistent link: https://www.econbiz.de/10012392626
Persistent link: https://www.econbiz.de/10009572544