Showing 1 - 10 of 113,594
Using the augmented version of the Blanchard-Perotti's SVAR technique, this paper seeks to empirically estimate the …
Persistent link: https://www.econbiz.de/10011670351
This paper identifies shocks to the Federal Reserve's inflation target as VAR innovations that make the largest contribution to future movements in long-horizon inflation expectations. The effectiveness of this scheme is documented via Monte-Carlo experiments. The estimated impulse responses...
Persistent link: https://www.econbiz.de/10011671941
This paper identifies shocks to the Federal ReserveÕs inflation target as VAR innovations that make the largest contribution to future movements in long-horizon inflation expectations. The effectiveness of this scheme is documented via Monte-Carlo experiments. The estimated impulse responses...
Persistent link: https://www.econbiz.de/10011867818
In this paper, Structural Vector Autoregressive (SVAR) models of quarterly data between 2007 and 2021 are estimated to …
Persistent link: https://www.econbiz.de/10014490713
This paper examines the fiscal and monetary policy options available to China as a sovereign currency-issuing nation … operating in a dollar standard world. We first summarize a number of issues facing China, including the possibility of slower … policy space open to China. …
Persistent link: https://www.econbiz.de/10010228185
This paper will demonstrate what china was doing, is doing and will do for its economic expansion during and after …
Persistent link: https://www.econbiz.de/10009536930
This study documents the return and volatility spillover effect between the stock prices of Chinese new energy and fossil fuel companies using the asymmetric BEKK model. Based on daily samples taken from August 30, 2006 to September 11, 2012, the dynamics of new energy/fossil fuel stock...
Persistent link: https://www.econbiz.de/10012951533
China's rapid economic growth over the past forty years was in good part driven by capital accumulation, with, in … growth in China, questions how much longer China can sustain high investment rates, and critically examines arguments … economic sectors, with little specialization. The foreign share of investment in China has become negligible, and the China …
Persistent link: https://www.econbiz.de/10012936719
: access to credit and access to cheap imports (notably, imports from China). I argue that by enhancing consumption these …
Persistent link: https://www.econbiz.de/10012940382
The Housing Provident Fund (HPF) is the largest public housing program in China. It was created in 1999 to enhance …
Persistent link: https://www.econbiz.de/10012854406