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).One argument for floating the Chinese renminbi (RMB) is to insulate China’s monetary policy from the US effect. However, we note …, China has alternative measures to retain its policy independence and de-link its interest rates from the US rate. In other … words, the argument for a flexible RMB to insulate China’s monetary policy from the US effect is not substantiated by the …
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We examine the effect of attending academically selective high schools on test scores, by leveraging administrative data that matches high school preferences of the population of urban middle school graduates in one Chinese prefecture in 2010 with high school student records. The standard...
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Chinese National Enterprise Credit Information Publicity System (NECIPS), a groundbreaking public credit registry in China …
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