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incorporate China into an existing model for the G-3 economies (i.e., the United States, the euro area, and Japan), paying … particular attention to modelling the exchange rate and monetary policy in China. Their findings suggest that the Chinese economy … real exchange rate more persistent. In addition, the authors' model underscores the importance of spillovers from China to …
Persistent link: https://www.econbiz.de/10010279857
Few papers have tried to project how Chinese monetary policy will behave under flexible exchange rates. As Japan … provides an important role model for China, this paper studies the role of the yen/dollar exchange rate for Japanese monetary … policy after the shift of Japan from a fixed to a floating exchange rate regime. The econometric estimations allow for regime …
Persistent link: https://www.econbiz.de/10010264171
techniques, mainly vector autoregressions, focusing on Japan.While we find that basic relationships between the variables appear …
Persistent link: https://www.econbiz.de/10012148898
system are today found in China's monetary policy set-up. We explore the transition of these two monetary policy regimes … target quotas for lending growth directly to commercial banks. In Japan's case, we compile historical statistics on window … guidance from newspapers and industry sources. For China, we apply Romer–Romer text analysis and computational linguistic …
Persistent link: https://www.econbiz.de/10012926837
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Persistent link: https://www.econbiz.de/10012655148
Recent solicitations for comments on monetary penalties in China and Japan highlight opportunities to improve the …, either by overdetering welfare-enhancing behavior or underdetering anticompetitive behavior.On June 17, 2016, China's Anti … (NDRC) for the calculation of illegal gains (disgorgement) and setting of fines issued. On July 13, 2016, the Japan Fair …
Persistent link: https://www.econbiz.de/10012980787
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, Japan, or China would best serve as monetary anchor country for East Asian countries. The criteria used are trade openness … findings suggest rising potentiality of China being the center country. In another aspect, the findings also broadly support …
Persistent link: https://www.econbiz.de/10013144014