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This report discusses the IMF/World Bank Financial Sector Assessment Program (FSAP) exercise for China undertaken … during June–December 2010. The assessment concluded that reforms in China have progressed well in moving toward a more …
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Parallel zu der Abwertung des Yen von November 1988 (120,67 Y/$) bis April 1990 (160,35 Y/$), fielen die Aktienkurse an der Börse von Tokyo. Die Bank von Japan hat in dieser Zeit durch fünf Diskontsatzerhöhungen den japanischen Zins dem internationalen Niveau angenähert. Der sogenannte...
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(with causal feedback), and that they affect the exchange rate volatility. Finally, with weekly data we highlight that the … euro/dollar volatility "Granger-cause" the rate of return on stocks. …
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Real estate investment accounts for a quarter of total fixed asset investment (FAI) in China. The real estate sectorâ … process relies primarily on collateral, like in China. As a result, the impact on economic activity of a collapse in real …€™s trading partners. Using a two-region factor-augmented vector autoregression model that allows for interaction between China …
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