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This paper utilizes a unique high-frequency database to measure how exchange rates in nine emerging markets react to macroeconomic news in the U.S. and domestic economies from 2000 to 2006. We find that major U.S. macroeconomic news have a strong impact on the returns and volatilities of...
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Using data from the China Urban Labor Survey conducted in five large Chinese cities at year end 2001, we quantify the …
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This paper studies the impact of remittances on the savings behaviour of rural households in China, using a cross …
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This paper describes and decomposes wage differences between female and male workers. The results indicate that females receive low wages because of unequal pay within sectors, and that the wage gap caused by the difference in sectoral attainment is small. The results also reveal that a lion’s...
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With the aid of an analytical framework of the Lewis model revised to reflect the experience of China, this paper … China’s growth as achieved during the course of economic reform and the opening-up of the country: the exploitation of the … the approaching turning point in China’s economic development and examines a host of challenges facing the country in …
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