Similar Search Results

Forecasting China's economic growth and inflation

Higgins, Patrick; Zha, Tao; Zhong, Karen - 2016

rigorous and systematic research in the evaluation of out-of-sample modelbased forecasts of China's real gross domestic product … scenarios. It predicts that China's future GDP growth will be of an L-shape rather than a U-shape. …

Persistent link: https://www.econbiz.de/10011776817

Developing India's offshore local currency bond market: Lessons from emerging countries

Kohli, Renu; Sahoo, Pravakar; Shuheb Khan, M. - 2017

peers, China and Brazil, to learn from their respective paths and experiences in similar regard. The paper concludes by …

Persistent link: https://www.econbiz.de/10011807883

Currency concerns under uncertainty: The case of China

Sen, Sunanda - 2013

The recent declines in China's financial account balance ended the twin surplus era and led to a modest decline in the … have been visible in China's financial balances since the last quarter of 2011, have heightened fears/anxiety in markets … dollar deposits. These changes have, of late, been a cause of concern relating to the future of China's economic relations …

Persistent link: https://www.econbiz.de/10010318623

Managing global financial flows at the cost of national autonomy: China and India

Sen, Sunanda - 2012

Persistent link: https://www.econbiz.de/10010318671

An institutional analysis of China's reform of their monetary policy framework

He, Zengping; Jia, Genliang - 2019

This paper traces the history of China's reform of its monetary policy framework and analyzes its success and problems …. In the context of financial marketization and the failure of the quantity-targeting framework, the People's Bank of China … China's Treasury Single Account system. The missing role of the Treasury in monetary policy operations increases the …

Persistent link: https://www.econbiz.de/10012142972

The European economic crisis from 2007 onwards in the context of a global crisis of over-production of capital - a Marxian monetary theory of value interpretation

Gander, Sascha - 2019

This paper attempts to clarify how the European economic crisis from 2007 onwards can be understood from the perspective of a Marxian monetary theory of value that emphasizes in-trinsic, structural flaws regarding capitalist reproduction. Chapter two provides an empirical description of the...

Persistent link: https://www.econbiz.de/10012099421

Responses to Monetary Policy Shocks in the East and the West of Europe: A Comparison

Jarocinski, Marek - 2006

This paper compares responses to monetary shocks in the EMU countries (in the pre-EMU sample) and in the New Member States (NMS) from Central Europe. The small-sample problem, especially acute for the NMS, is mitigated by using a Bayesian estimation procedure which combines information across...

Persistent link: https://www.econbiz.de/10013370041

A new application of Taylor rules: Model evaluation

Salyer, Kevin; Van Gaasbeck, Kristin - 2000

Taylor rules posit a linear relationship between the output gap, inflation, and short-term nominal interest rates. Previous work has shown that the relationship between these key economic variables as captured by the Taylor rule is quite robust both across countries and monetary policy regimes....

Persistent link: https://www.econbiz.de/10010318600

An inventory of simple monetary policy rules in a new Keynesian macroeconomic model

Lubik, Thomas A.; Marzo, Massimiliano - 2003

We derive necessary and suffcient conditions for simple monetary policy rules that guarantee equilibrium determinacy in the New Keynesian monetary model. Our modeling framework is derived from a fully specified optimization model that is still amenable to analytical characterisation. The...

Persistent link: https://www.econbiz.de/10010293494

Dynamic effects of monetary policy shocks on macroeconomic volatility

Mumtaz, Haroon; Theodoridis, Konstantinos - 2015

We use a simple New Keynesian model, with firm specific capital, non-zero steady-state inflation, long-run risks and Epstein-Zin preferences to study the volatility implications of a monetary policy shock. An unexpected increases in the policy rate by 150 basis points causes output and inflation...

Persistent link: https://www.econbiz.de/10011460767