Showing 1 - 10 of 32
We present a new composite leading indicator of economic activity in mainland China, estimated using a dynamic factor …
Persistent link: https://www.econbiz.de/10005823523
This paper uses multivariate GARCH techniques to study volatility spillovers between the Chinese non-deliverable forward market and seven of its Asia-Pacific counterparts over the period January 1998 to March 2005. To account for the time-variability of conditional correlation, a dynamic...
Persistent link: https://www.econbiz.de/10005823534
On 21 July 2005 China adopted an undisclosed basket exchange rate regime. We formally assess and envisage the gradual …
Persistent link: https://www.econbiz.de/10005823536
sector in mainland China by means of a nonlinear stochastic general equilibrium (DSGE) model with occasionally binding …, tighter regulation of interest rates in the commercial banking sector in China leads to an increase in loans provided by the …
Persistent link: https://www.econbiz.de/10011204441
for mainland China. In a stochastic modelling framework, the riskiness, rate of increase and persistence of house price …
Persistent link: https://www.econbiz.de/10009141828
Seaports have historically played a key role in facilitating trade and growth. This paper is the first attempt in the literature to analyse the formation of Chinese seaport cities and the dynamics that drives it. First, we aim to identify theoretically the emergence of urbanized seaports with...
Persistent link: https://www.econbiz.de/10010856694
This paper evaluates various financial system reform initiatives and proposals in China in a DSGE modelling setting …
Persistent link: https://www.econbiz.de/10010818554
This paper accounts for China’s economic growth since 1980 in a unified endogenous growth model in which a sequencing … of physical capital accumulation, human capital accumulation and innovation drives the rise in China’s aggregate income … can generate a trajectory that accords well with the different stages of development in China. …
Persistent link: https://www.econbiz.de/10010719795
This paper analyses the financial distortions – growth nexus in China using a tractable general equilibrium modelling … key policy challenge in China in the years to come. …
Persistent link: https://www.econbiz.de/10011184639
Renminbi internationalisation has brought about an active offshore market where the exchange rate frequently diverges from the onshore market. Using extended GARCH models, we explore the role of fundamentals, global factors and policies related to renminbi internationalisation in driving the...
Persistent link: https://www.econbiz.de/10011189062