Showing 1 - 10 of 42,413
Persistent link: https://www.econbiz.de/10004672758
This paper uses the Shapley Value decomposition technique to assess the factors behind the rise of inequality in China …. It finds that, in many ways, inequality may have been an inevitable by-product of China’s investment and export …-led growth model. Between Chinese households, we find that the most important factors explaining income inequality are location …
Persistent link: https://www.econbiz.de/10010790266
Despite the rapid economic growth and poverty reduction, inequality in Asia worsened during last two decades. We focus …
Persistent link: https://www.econbiz.de/10011242240
uncorrelated noise and systematic errors. Our previous model of inflation and unemployment in Canada is enhanced by the … price inflation accompanied by a substantial fall in the rate of unemployment. Therefore, the new monetary policy in Canada … developed an integral technique similar to CUSUM using an empirical model quantitatively linking the rate of inflation and …
Persistent link: https://www.econbiz.de/10008927057
impact on the economy—given better anchored inflation expectations and inflation being less responsive to variation in … effectiveness may moderate in graying societies. It then uses Bayesian estimation techniques for the U.S., Canada, Japan, U.K., and … Germany to confirm a weakening of monetary policy effectiveness over time with regards to unemployment and inflation. After …
Persistent link: https://www.econbiz.de/10011242214
This paper reviews economic developments in Lithuania during 1993–96. Economic growth resumed in 1994 and gained further momentum in 1995; real GDP increased by an estimated 3 percent in 1995. Growth in 1995 was driven by the industrial sector, while agriculture performed poorly. The...
Persistent link: https://www.econbiz.de/10005825020
This paper summarizes the macroeconomic performance of the transition economies. We first review the initial conditions confronting these economies, the reform strategy that was proposed, and the associated controversies that arose a decade ago. We then account for the widely different outcomes,...
Persistent link: https://www.econbiz.de/10005825770
implications of, rising wage inequality in Hong Kong SAR. Section VII presents an overview of recent developments in the financial …
Persistent link: https://www.econbiz.de/10005590857
This paper looks at the dynamics of (dis)equilibria during post-command transition. It tries to define an optimal mix between external and internal disequilibrium and to apply this concept to the analysis of the Romanian economy. The forced adjustment of the balance of payments in the 1980s is...
Persistent link: https://www.econbiz.de/10005605012