Showing 1 - 10 of 547
, 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
We find that from 1995 to 2002 in China, the dispersion of wealth decreased, the moneywealth ratio increased for all …
Persistent link: https://www.econbiz.de/10011711713
There is an extensive literature noting that high inflation can add to income inequality, and a parallel literature … assessing the effect of rising food prices on the poor. This paper attempts to combine these strands by dividing inflation into … food and nonfood inflation and assessing whether food inflation affects income inequality differently from nonfood …
Persistent link: https://www.econbiz.de/10009618580
This paper examines the progress made in four Asian transition economies—China, Lao P.D.R., Vietnam, and Mongolia …—to market-based systems. Overall, these economies appear to have had a more favorable experience with inflation stabilization …
Persistent link: https://www.econbiz.de/10014401125
increases in domestic inflation. We show that one way to understand these episodes is as manifestations of balance of payments … accelerating fashion and, if the government targets CPI inflation, by fast increasing domestic inflation …
Persistent link: https://www.econbiz.de/10014404291
There is an extensive literature noting that high inflation can add to income inequality, and a parallel literature … assessing the effect of rising food prices on the poor. This paper attempts to combine these strands by dividing inflation into … food and nonfood inflation and assessing whether food inflation affects income inequality differently from nonfood …
Persistent link: https://www.econbiz.de/10014396506
reflecting a large domestic output gap generated by many years of high investment. Inflation varies systemically within China … lower-income provinces. Higher Mainland food inflation also raises inflation in non-Mainland China …Chinese inflation, particularly non-food inflation, has been surprisingly modest in recent years. We find that supply …
Persistent link: https://www.econbiz.de/10014397413
The perception that Asia''s inflation dynamics is driven by idiosyncratic supply shocks implies, as a corollary, that … integration over the last two decades suggest that the drivers of inflation may have changed, and that domestic demand pressures … may now play a larger role than in the past. This paper presents a quantitative analysis of inflation dynamics in Asia …
Persistent link: https://www.econbiz.de/10014397742
the extent of the link between inflation rates between China and the United States and Japan. It finds only limited … empirical evidence at the aggregate level for consumer price inflation in China leading to price changes in the United States …With China''s share in global trade increasing rapidly, some argued in 2002-03 that China was exporting deflation to …
Persistent link: https://www.econbiz.de/10014399891
Inflation rates rose sharply in the Philippines during 2018. Understanding the demand and supply sources of inflation … pressures is key to monetary policy response. Qualitatively, indicators have pointed to evidence of inflation pressures from …-structural model to decompose the contributions of various shocks to inflation. Our main findings are (1) supply factors (mainly global …
Persistent link: https://www.econbiz.de/10012102135