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the combination of economic policies adopted by the two key economies, the US and China. Global financial markets served … economic policies followed by emerging markets such as China and the oil-exporting countries contributed to the US ability to …
Persistent link: https://www.econbiz.de/10010271353
is capital controls which enable the periphery countries, in particular China, to maintain a certain degree of monetary …
Persistent link: https://www.econbiz.de/10010334519
Alarmed by the persistent and large US trade deficit vis-à-vis China and the rapidly swelling Chinese foreign exchange … of the present international economy and of China's financial system. Indeed, the record growth of China's exports to the … US stems largely from joint ventures and affiliates of multinational enterprises; exports attributed to China usually …
Persistent link: https://www.econbiz.de/10011790336
the monetary policy tools in China. Whereas administrative policy measures were effective in guiding the behaviour of … credit demand framework, whether the impact of interest rates in China has become stronger over the last decade. Our results …
Persistent link: https://www.econbiz.de/10012148545
This paper studies the wealth channel in China. Using the structural vector autoregression method, we find that a … loosening of China.s monetary policy indeed leads to higher asset prices, which in turn are linked to household consumption …. However, the importance of the wealth channel as a part of the monetary policy transmission mechanism in China is still …
Persistent link: https://www.econbiz.de/10012148617
This paper evaluates various financial system reform initiatives and proposals in China in a DSGE modelling setting …
Persistent link: https://www.econbiz.de/10012148685
We study the impact of China's 2013 implementation of Basel III on bank risk-taking and its responses to monetary …
Persistent link: https://www.econbiz.de/10012815317
China. The method uncovers the heterogeneous regional impacts of different monetary policy stances on the provincial figures …
Persistent link: https://www.econbiz.de/10013253921
The People's Bank of China (PBoC) has taken numerous measures to cushion the impacts of the COVID-19 health crisis on … pricing signals, we employ a dynamic-factor modeling approach to derive an indicator of China's monetary policy stance. Our …
Persistent link: https://www.econbiz.de/10012614234
provides an important role model for China, this paper studies the role of the yen/dollar exchange rate for Japanese monetary …
Persistent link: https://www.econbiz.de/10005405989