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Preferences for reforms : endowments vs. beliefs
Duval, Romain; Ji, Yi; Papageorgiou, Chris; Shibata, Ippei - 2022
Are preferences for reforms driven by individuals' own endowments or beliefs? To address this question, we conducted a cross-country survey on people's opinions on employment protection legislation-an area where reform has proven to be difficult and personal interests are at stake. We find that...
Persistent link: https://www.econbiz.de/10013170248
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Austerity and elections
Alesina, Alberto; Ciminelli, Gabriele; Furceri, Davide; … - 2021
Conventional wisdom holds that voters punish governments that implement fiscal austerity. Yet, most empirical studies, which rely on ex-post yearly austerity measures, do not find supportive evidence. This paper revisits the issue using action-based, real-time, ex-ante measures of fiscal...
Persistent link: https://www.econbiz.de/10012613677
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How effective are macroprudential policies in China?
Wang, Bin; Sun, Tao - 2013
Persistent link: https://www.econbiz.de/10009726423
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Has Chinese aid benefited recipient countries? : evidence from a meta-regression analysis
Mandon, Pierre; Woldemichael, Martha Tesfaye - 2022
This paper employs a meta-regression analysis of 473 estimates from 15 studies to take stock of the empirical literature on Chinese aid effectiveness. After accommodating publication selection bias, we find that, on average, Beijing's foreign assistance has had a positive impact on economic and...
Persistent link: https://www.econbiz.de/10013170075
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The macroeconomic impact of foreign exchange intervention : some cross-country empirical findings
Jin, Zhongxia; Wang, Haobin; Zhao, Yue - 2021
, which is not conducive to countering the impact of external shocks. We show that China's macroeconomic responses to external …
Persistent link: https://www.econbiz.de/10012613705
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Do inflows or outflows dominate? : global implications of capital account liberalization in China
Bayoumi, Tamim A.; Ohnsorge, Franziska - 2013
asset holdings. The model also suggests that capital account liberalization in China may trigger net portfolio outflows as …
Persistent link: https://www.econbiz.de/10012667534
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Trading with China : productivity gains, job losses
Ahn, JaeBin; Duval, Romain - 2017
We analyze the impact on productivity in advanced economies of fast-growing trade with China between the mid-1990s and … economies and, similar to Autor, Dorn, and Hanson (2013), exploit exogenous variation in trade with China in a given country …-sector by instrumenting imports from (exports to) China in a given country-sector with the average imports from (exports to …
Persistent link: https://www.econbiz.de/10011704570
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Minimum wages and firm employment : evidence from China
Huang, Yi; Loungani, Prakash; Wang, Gewei - 2014
Persistent link: https://www.econbiz.de/10010441910
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How Effective are Macroprudential Policies in China?
Wang, Bin - 2013
This paper investigates macroprudential policies and their role in containing systemic risk in China. It shows that … China faces systemic risk in both the time (procyclicality) and cross-sectional (contagion) dimensions. The former is … in China …
Persistent link: https://www.econbiz.de/10014395294
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Economic Implications of China's Demographics in the 21st Century
Cheng, Kevin C. - 2003
This study assesses the economic implications of China''s changing population in the 21st century using a numerical … mobility is high in China, a low fertility rate implies more future capital outflows. But if capital is less mobile, low …
Persistent link: https://www.econbiz.de/10014404019