incompleteness-on China's housing prices. The model implies that to eradicate the root causes of the rising housing price …

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 …

booming sector create a misallocation of managerial talent. Using comprehensive firm-level data from China, I first provide …

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 …

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 …

in China during the last decade, drawing upon previous analytical work and also employing the “Granger causality” test …

This paper investigates the macroeconomic cycles China has experienced since the onset of reform in the late 1970s. It …