Showing 1 - 7 of 7
This paper evaluates the impact of tapering “news” announcements by Fed senior policy makers on financial markets in emerging economies. We apply a panel framework using daily data, and find that emerging market asset prices respond most to statements by Fed Chairman Bernanke, and much less...
Persistent link: https://www.econbiz.de/10013056858
billion) intervention, coordinated with the Bank of Japan and the Federal Reserve working in unison, give the highest success …
Persistent link: https://www.econbiz.de/10013228237
. Japan's joining TPP would be beneficial to both herself and all other TPP countries, but negative effects on China and other … other pacific countries are included, China is notable for its exclusion from the process thus far. This paper uses … numerical simulation methods to assess the potential effects of a TPP agreement on China and the other participating countries …
Persistent link: https://www.econbiz.de/10013106304
model, China-Japan-Korea FTA will generate the second highest welfare outcome, and China-US FTA will generate the third … mega deals have negative impacts except China-US FTA. For Japan, RCEP will generate the highest welfare outcome. For both …This paper explores the potential impacts on both China and other major countries of possible mega trade deals. These …
Persistent link: https://www.econbiz.de/10013048108
This paper presents both analytics and numerical simulation results relevant to proposals for carbon motivated regional trade agreements summarized in Dong amp; Whalley(2008). Unlike traditional regional trade agreements, by lowing tariffs on participant's low carbon emission goods and setting...
Persistent link: https://www.econbiz.de/10012750865
The China (Shanghai) Pilot Free Trade Zone (SPFTZ) founded one year ago is a trial for China's new round of reform and … also make a preliminary assessment of the SPFTZ's initial impacts, especially of its impact on China's capital account … replicated in China will give rise to a more balanced Chinese economy in the following decade …
Persistent link: https://www.econbiz.de/10013028068
In this paper we present evidence as to the effects of the China (Shanghai) Pilot Free Trade Zone (SPFTZ) on China … and capital account liberalization into China's macro policy mix. We employ three methods to test the SPFTZ's impact on … causalities among China's money supply and the foreign interest rates. All these tests give consistent results suggesting that the …
Persistent link: https://www.econbiz.de/10013029034