catch-up parameters, we find an investment and a saving puzzle: regions that caught up relative to the rest of China seem to …While China has been pivotal in discussions and academic research on global imbalances, little is known about … the regional level inside China. We follow up by identifying the drivers of this pattern using the methodology developed …

monetary aggregates in promoting economic growth in China. A two-equation model incorporating the financial repression paradigm …, the structuralist “two gap” analysis, and the use of “total inflation” is constructed. Empirical results show that China …

increases in employment and output rather than only in wages; and (2) even though the domestic saving rate is high, foreign …

increases in employment and output rather than only in wages; and (2) even though the domestic saving rate is high, foreign …

increases in employment and output rather than only in wages; and (2) even though the domestic saving rate is high, foreign …