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Real estate investment accounts for a quarter of total fixed asset investment (FAI) in China. The real estate sector … estate investment in China though a low-probability event would be sizable, with large spillovers to a number of China … and the rest of the G20 economies, we find that a 1-percent decline in China's real estate investment would shave about 0 …
Persistent link: https://www.econbiz.de/10009679024
Real estate investment accounts for a quarter of total fixed asset investment (FAI) in China. The real estate sector … estate investment in China—though a low-probability event—would be sizable, with large spillovers to a number of China … and the rest of the G20 economies, we find that a 1-percent decline in China’s real estate investment would shave about 0 …
Persistent link: https://www.econbiz.de/10014395603
-political instability once fiscal policy and remittances have been accounted for. It focuses on import prices to reflect the vulnerability … and income per capita. On the other hand, while remittances seem to dampen the adverse effect of import food price shocks …
Persistent link: https://www.econbiz.de/10012392596
This paper discusses migration and remittances trends, and calculates the natural (or benchmark) level of dollarization … remittances due to the economic slowdown since the spread of COVID-19 affects the macroeconomic fundamentals that determine demand …
Persistent link: https://www.econbiz.de/10012302051
Persistent link: https://www.econbiz.de/10012487207
Has monetary policy in advanced economies been less effective since the global financial crisis because of deteriorating household balance sheets? This paper examines the question using household data from the United States. It compares the responsiveness of household consumption to monetary...
Persistent link: https://www.econbiz.de/10012001512
quantify how changes in aggregate demand due to additional income from household's remittances propagates through the network … linkages on sectoral and total output following an increase in remittances inflows. Our empirical results suggest that the … effects of remittances on recipient economies increase with the degree of linkages across sectors, which is especially …
Persistent link: https://www.econbiz.de/10012103572
This paper investigates the channels through which remittances affect macroeconomic volatility in African countries … that remittances-as a share of GDP-have a significant smoothing impact on output volatility but their impact on consumption … volatility is somewhat small. Furthermore, remittances are found to absorb a substantial amount of GDP shocks in these countries …
Persistent link: https://www.econbiz.de/10011281924
Persistent link: https://www.econbiz.de/10010441747
transmitting remittances and reduces dollarization. Given the size and importance of remittances in Tajikistan, improving financial … transferring remittances and reduce reliance on foreign exchange for transaction purposes. This is likely to improve bank …
Persistent link: https://www.econbiz.de/10011704658