We generalize some recent results developed in static policy games with multiple players, to a dynamic context. We find that the classical theory of economic policy can be usefully applied to a strategic context of difference games: if one player satisfies the Golden Rule, then either all other...

Over the past two decades, China has been the worlds fastest-growing economy. My dissertation focuses on several important issues in Chinas recent development and reform:(1) Financial development and economic growth. It is widely recognized that financial sector reform is crucial to Chinas...