regions. Upon fixing exchange rates, the region with higher structural wage inflation falls into a low-growth trap. When … core. An empirical analysis confirms that the periphery's higher structural wage inflation rate contributed to its lower …

China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced …

This paper analyses the effects of two alternative monetary strategies (exchange rate targeting and inflation targeting … that countries in exchange rate targeting have a higher rate of GDP growth and lower inflation rate. In order to test the … related to exchange rate targeting, the effects of the introduction of inflation targeting in the unemployment rate were also …

This paper analyzes the impact of the exchange rate regime on inflation and output in (South) Eastern and Central … have a better explanatory power than the de jure measures in the inflation and growth equations. For the whole observation … period the estimations reveal a significant impact of exchange rate stability on low inflation as well as a highly …

macroeconomicvariables (GDP, employment, prices and exchange rates) in BRICcountries (Brazil, Russia, India, China). VAR model was used …

and regain autonomy in its monetary policy, China needs to move toward a free floating exchange rate system by refraining …

's Republic of China's growth has increased significantly since 2008. In particular, the variance of US dollar exchange rates has …