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to the relative size of the countries’ GDP. We conclude that the continuation of the fast growth rate of China, while …
Persistent link: https://www.econbiz.de/10003855335
Persistent link: https://www.econbiz.de/10003975784
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related to the relative size of the countries' GDP. We conclude that the continuation of the fast growth rate of China, while …
Persistent link: https://www.econbiz.de/10003630039
"This paper examines the degree to which the learning by doing externality [LBD] calls for an undervalued exchange rate, a policy suggested by recent empirical studies which concluded that mildly undervalued real exchange rate may enhance growth. We obtain mixed results. For an economy where LBD...
Persistent link: https://www.econbiz.de/10003681919
This paper examines the degree to which the learning by doing externality [LBD] calls for an undervalued exchange rate, a policy suggested by recent empirical studies which concluded that mildly undervalued real exchange rate may enhance growth. We obtain mixed results. For an economy where LBD...
Persistent link: https://www.econbiz.de/10012464794
Since the onset of the global financial crisis, China and the U.S. have reduced their current-account imbalances as a … share of GDP to less than half their pre-crisis levels. For China, the reduction in its current-account surplus post … relationship between current-account balances and economic variables changed in important ways after the financial crisis. China …
Persistent link: https://www.econbiz.de/10012458924
This paper examines the degree to which the learning by doing externality [LBD] calls for an undervalued exchange rate, a policy suggested by recent empirical studies which concluded that mildly undervalued real exchange rate may enhance growth. We obtain mixed results. For an economy where LBD...
Persistent link: https://www.econbiz.de/10012772382
imbalances. Since the onset of the crisis, the People's Republic of China and the United States have rebalanced. As a share of …'s Republic of China, the reduction in its current account surplus post-crisis suggests a structural change. Panel regressions for …
Persistent link: https://www.econbiz.de/10013060054
Since the onset of the global financial crisis, China and the U.S. have reduced their current-account imbalances as a … share of GDP to less than half their pre-crisis levels. For China, the reduction in its current-account surplus post … relationship between current-account balances and economic variables changed in important ways after the financial crisis. China …
Persistent link: https://www.econbiz.de/10013224387