The integration of China into the global economy is one of the most spectacular events in economic history. This paper … investigates to what extent this process affects output growth and inflation in the advanced countries. A GVAR model is specified … to explore interdependencies between business cycles in China and industrial countries, including the US, the euro area …

between inequality and growth via growth and inequality shocks for two large economies, China and the USA, for the years 1979 …- 2018. We find that a growth shock is inequality-increasing, and an inequality shock is growthreducing. We also find …Understanding the relationship between income inequality and economic growth is of utmost importance to economists and …

this approach takes into account that the transmission of a shock might depend on the sign and the size of the shock. Large …

this approach takes into account that the transmission of a shock might depend on the sign and the size of the shock. Large …