There is an ongoing debate in the literature about the quality content of Chinese exports and to what extent China … imposes a threat to the market positions of advanced economies. While China's export structure is very similar to that of the … values reflect quality the prevailing view of the literature is that China exports low quality varieties of the same products …

This paper sheds new light on the external and domestic dimension of China's exchange rate policy. It presents an open … economy model to analyse both dimensions of macroeconomic adjustment in China under both flexible and fixed exchange rate … regimes. The model-based results indicate that persistent current account surpluses in China cannot be rationalized, under …

This paper empirically models China's stock prices using conventional fundamentals: corporate earnings, risk … results show that China's equity prices can be reasonable well modelled using fundamentals, but that various booms and busts … liquidity, seem to have significantly contributed to these misalignments. - China ; Stock price ; Equity market ; Reforms …

We model provincial inflation in China during the reform period. In particular, we are interested in the ability of the …

This paper studies the wealth channel in China. Using the structural vector autoregression method, we find that a … loosening of China's monetary policy indeed leads to higher asset prices, which in turn are linked to household consumption …. However, the importance of the wealth channel as a part of the monetary policy transmission mechanism in China is still …