This paper studies the impact of household indebtedness on the consumption channel of monetary policy using the Chinese … household-level survey data. We employ a panel smooth transition regression model to investigate the non-linear role of … there is a much larger counteraction of consumption in response to monetary policy shocks when household indebtedness …

This paper studies the impact of household indebtedness on the transmission of monetary policy to consumption using the … Chinese household-level survey data. We employ a panel smooth transition regression model to investigate the non-linear role … non-linear as there is a much larger counteraction of consumption in response to monetary policy shocks when household …

In light of the recent tit-for-tat trade dispute between China and the US, interest in quantifying the effects of the … for China and the US, trade diversion effects are also analyzed. The model-based analysis finds noticeable positive … (negative) impacts of the agreement for the US (China) as well as negative spillover effects for countries not directly affected …

In light of the recent tit-for-tat trade dispute between China and the US, interest in quantifying the effects of the … China and the US, trade diversion effects are also analyzed. The model-based analysis finds noticeable positive (negative …) impacts of the agreement for the US (China) as well as negative spillover effects for countries not directly affected by the …

In light of the recent tit-for-tat trade dispute between China and the US, interest in quantifying the effects of the … for China and the US, trade diversion effects are also analyzed. The model-based analysis finds noticeable positive … (negative) impacts of the agreement for the US (China) as well as negative spillover effects for countries not directly affected …

In light of the recent tit-for-tat trade dispute between China and the US, interest in quantifying the effects of the … China and the US, trade diversion effects are also analyzed. The model-based analysis finds noticeable positive (negative …) impacts of the agreement for the US (China) as well as negative spillover effects for countries not directly affected by the …

In light of the recent tit-for-tat trade dispute between China and the US, interest in quantifying the effects of the … for China and the US, trade diversion effects are also analyzed. The model-based analysis finds noticeable positive … (negative) impacts of the agreement for the US (China) as well as negative spillover effects for countries not directly affected …

In light of the recent tit-for-tat trade dispute between China and the US, interest in quantifying the effects of the … China and the US, trade diversion effects are also analyzed. The model-based analysis finds noticeable positive (negative …) impacts of the agreement for the US (China) as well as negative spillover effects for countries not directly affected by the …

for mainland China. In a stochastic modelling framework, the riskiness, rate of increase and persistence of house price …

for mainland China. In a stochastic modelling framework, the riskiness, rate of increase and persistence of house price …