Koluk, Tomasz; Mehrotra, Aaron - In: The Economics of Transition 17 (2009) 1, pp. 121-145
We study the effects of Chinese monetary policy shocks on China's major trading partners in East and South-East Asia by estimating structural vector autoregressive (SVAR) models for six economies in the region. We find that a monetary expansion in Mainland China leads to an increase in real GDP...