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Income inequality can be measured at different levels of aggregation such as global, continental, international and national levels. Here we consider income inequality at the national level but the focus is on the within country regional inequality. Regional inequality in income distribution in...
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than 4/5 of the variation. We apply the regression results to assess China's current account over the next six years …
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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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