Showing 1 - 10 of 981
We report results from a large randomized natural field experiment conducted in southwestern China in the context of …
Persistent link: https://www.econbiz.de/10012463253
This paper uses the segmented dual-class shares issued by several dozen Chinese firms---A shares to local Chinese investors and H shares to foreign investors---to compare reactions of local and foreign investors to the same public news. We find that local investors react more strongly to...
Persistent link: https://www.econbiz.de/10012457591
large transaction-level data set from the early years of Eachnet.com (an eBay equivalent in China), we find evidence that is …
Persistent link: https://www.econbiz.de/10012459701
Using new measures of expanded Internet access in China and internet-based search, we examine how competitive shocks … from China impact U.S. innovation through the markets for innovation and existing products. We identify shocks to … innovation competition using the geography of Chinese internet penetration and Chinese import data. Increases in the ability of …
Persistent link: https://www.econbiz.de/10012482450
We study firms' advertised gender preferences in a population of ads on a Chinese internet job board, and interpret …
Persistent link: https://www.econbiz.de/10012461205
Persistent link: https://www.econbiz.de/10001731309
This paper outlines what inflation targeting involves for emerging market/transition countries and discusses the advantages and disadvantages of this monetary policy strategy. The discussion suggests that although inflation targeting is not a panacea and may not be appropriate for many emerging...
Persistent link: https://www.econbiz.de/10012470925
This paper is a brief evaluation of the Eurosystem's monetary-policy regime after its first year, in particular of the extent to which it is similar to inflation targeting as practiced by an increasing number of central banks. I examine the Eurosystem's goals, framework for monetary-policy...
Persistent link: https://www.econbiz.de/10012470926
The paper extends previous analysis of closed-economy inflation targeting to a small open economy with forward-looking aggregate supply and demand with some microfoundations, and with stylized realistic lags in the different transmission channels for monetary policy. The paper compares targeting...
Persistent link: https://www.econbiz.de/10012471032
The paper examines possible monetary policy strategies for Latin America that may help lock-in the gains in the fight against inflation attained by the region during the 1990s. We start by calling for a refocus of the debate about the conduct of monetary policy away from thinking that it is...
Persistent link: https://www.econbiz.de/10012471153