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policies. Although seemingly narrowly focused on China, our contribution to Alexander's fete straddles both themes. Since 2004 …, China has been backed into a situation where the renminbi is expected to go ever higher against the dollar, and this one … resulting monetary explosion in China contributes to the worldwide increase in primary commodity prices - with excess liquidity …
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the combination of economic policies adopted by the two key economies, the US and China. Global financial markets served … economic policies followed by emerging markets such as China and the oil-exporting countries contributed to the US ability to … continue to focus only on price stability. -- Asset prices ; China ; current account adjustment ; global liquidity ; oil prices …
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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 …
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monetary model for China, in which we include also other monetary policy tools besides the central bank interest rate, namely … reserve requirement ratios and open market operations. Our results suggest China has been relatively successful in isolating … conclude that by employing capital controls and relying on other instruments than the interest rate China has been able to …
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