Showing 1 - 10 of 1,929
We analyze the global imbalances and the required adjustments for rebalancing in current accounts and real exchange …
Persistent link: https://www.econbiz.de/10009407603
In recent years China has experienced two forms of extreme macroeconomic imbalance: an expenditure imbalance in the sense of very high investment and very low consumption, giving rise to rapid capital accumulation; and an imbalance between expenditure and production, producing external...
Persistent link: https://www.econbiz.de/10013123488
protection, and healthcare may contribute to a rebalancing of the PRC's persistent current account imbalances. Our forecasting … results suggest that reforming the financial sector would be a significant contributor to the country's rebalancing with an …-funded healthcare are also found to contribute to a rebalancing of the PRC economy …
Persistent link: https://www.econbiz.de/10013098393
This working paper assesses the progress made in improving China's exchange rate policies over the past five years (that is, since 2002). I first discuss four indicators of progress on China's external imbalance and its exchange rate policies - namely, the change in (and level of) China's global...
Persistent link: https://www.econbiz.de/10012729959
protection, and healthcare may contribute to a rebalancing of the PRC's persistent current account imbalances. Our forecasting … results suggest that reforming the financial sector would be a significant contributor to the country's rebalancing with an …-funded healthcare are also found to contribute to a rebalancing of the PRC economy. …
Persistent link: https://www.econbiz.de/10009656130
We study the labor market effects of bilateral exchange rate realignment. We place emphasis on the composition of trade, the role of intermediates, and the underlying conditions of the labor market. Employment effects hinge on the fraction exported to and imported from the trading partner. A...
Persistent link: https://www.econbiz.de/10010294878
This paper highlights the relationship between foreign exchange rate fluctuations and firms' export market dynamics using a Chinese firm-level production data and a firm-level trade data over the period of 2000-2006. The author adopts a discrete-time survival model in his empirical investigation...
Persistent link: https://www.econbiz.de/10011636395
This paper examines the international transmission effects that a positive supply shock in emerging economies may have on inflation in developed economies. We construct a dynamic stochastic general equilibrium (DSGE) model for three countries and analyze the impact of a supply shock in an...
Persistent link: https://www.econbiz.de/10010397229
protection, and healthcare may contribute to a rebalancing of the PRC's persistent current account imbalances. Our forecasting … results suggest that reforming the financial sector would be a significant contributor to the country's rebalancing with an …-funded healthcare are also found to contribute to a rebalancing of the PRC economy. …
Persistent link: https://www.econbiz.de/10010397354
This paper highlights the relationship between foreign exchange rate fluctuations and firms' export market dynamics using a Chinese firm-level production data and a firm-level trade data over the period of 2000-2006. This study adopts a discrete-time survival model in our empirical investigation...
Persistent link: https://www.econbiz.de/10011711912