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 …

This paper is an outcome of a comprehensive and systematic research on whether China exports deflation and inflation …, China has a minimal impact on the price levels of major trading partners. Thus China is not to be blamed for global …