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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 growth, global imbalances, and a number of domestic...
Persistent link: https://www.econbiz.de/10010228185
Sixteen countries across the world ¡ª including the United States and many European nations ¡ª have fallen into economic crises since the late 1990s. In <em>The Limits of Fiscal, Monetary, and Trade Policies: International Comparisons and Solutions</em>, Jonathan E Leightner convincingly argues that...
Persistent link: https://www.econbiz.de/10011010979
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 growth, global imbalances, and a number of domestic...
Persistent link: https://www.econbiz.de/10010513080
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 growth, global imbalances, and a number of domestic...
Persistent link: https://www.econbiz.de/10013061076
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 growth, global imbalances, and a number of domestic...
Persistent link: https://www.econbiz.de/10010733748
Persistent link: https://www.econbiz.de/10012819668
Persistent link: https://www.econbiz.de/10012132077
East Asia is undergoing a rapid demographic transition and "super" aging. As a result of steadily decreasing fertility … across all countries in East Asia, particularly in the People's Republic of China (PRC), Japan, and the Republic of Korea … microlevel data from the China Health and Retirement Longitudinal Study (CHARLS), the Japanese Study of Aging and Retirement …
Persistent link: https://www.econbiz.de/10015076365
A canonical DSGE model for housing, extended to embrace government spending and governmentinvestment, is estimated on Chinese data to evaluate the impact of Öscal policy on house prices. Govern-ment spending substitutes for housing; a rise in government spending lowers house prices, but its...
Persistent link: https://www.econbiz.de/10012125691
Persistent link: https://www.econbiz.de/10010250712