Showing 1 - 10 of 442
We extend the Global Projection Model (GPM) to include a separate block for China. China plays an important role in …) mean that a separate treatment of China allows for a better consideration of China, as well as how the rest of emerging …
Persistent link: https://www.econbiz.de/10012667411
Persistent link: https://www.econbiz.de/10009747239
This paper develops a structural macroeconometric model of the world economy, disaggregated into forty national economies. This panel dynamic stochastic general equilibrium model features a range of nominal and real rigidities, extensive macrofinancial linkages, and diverse spillover...
Persistent link: https://www.econbiz.de/10012692504
An essential element of the work of the Fund is to monitor and forecast international trade. This paper uses SWIFT messages on letters of credit, together with crude oil prices and new export orders of manufacturing Purchasing Managers' Index (PMI), to improve the short-term forecast of...
Persistent link: https://www.econbiz.de/10012392595
This paper uses bilateral data on 420 merchandise trade flows between 21 industrial countries are used to estimate standard trade equations. The data set of over 11,000 observations allows the underlying elasticities to be estimated with considerable precision. Remarkably, a single specification...
Persistent link: https://www.econbiz.de/10014401050
This is the sixth of a series of papers that are being written as part of a project to estimate a small quarterly Global Projection Model (GPM). The GPM project is designed to improve the toolkit to which economists have access for studying both own-country and cross-country linkages. In this...
Persistent link: https://www.econbiz.de/10014395257
Persistent link: https://www.econbiz.de/10009572379
This paper investigates the asymmetries in trade spillovers from sector-specific technology shocks in China to selected …
Persistent link: https://www.econbiz.de/10009622526
This paper uses disaggregated trade data to assess how the expansion of China''s production capacity and its changing … production structure may be affecting its trade linkages with other countries. It finds that China is moving away from … components. In turn, China''s imports and exports have begun to delink, with increased domestic sourcing contributing to the …
Persistent link: https://www.econbiz.de/10014400985
This paper presents some facts on China’s role in the world economy and measures the impact of China’s growth on growth … suggest that spillover effects of China’s growth have increased in recent decades. Long-term spillover effects, estimated …
Persistent link: https://www.econbiz.de/10014402923