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"This comprehensive overview of the modern Chinese economy by a noted expert on China's economic development offers a quality and breadth of coverage not found in any other English-language text. In The Chinese Economy, Barry Naughton provides both an engaging, broadly focused introduction to...
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international economic conditions. The analysis sheds light on the debates shock vs. gradualism and orthodox vs. heterodox and puts …
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worker, job creation and job destruction conditional on a shock to monetary policy. Moreover, allowing for variation of the … helps to explain the sluggishness of inflation and the persistence of output after a monetary policy shock. The ability of …
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including a global liquidity aggregate. The impulse responses obtained show that a positive shock to extra-euro area liquidity …
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