We model provincial inflation in China during the reform period. In particular, we are interested in the ability of the … hybrid New Keynesian Phillips Curve (NKPC) to capture the inflation process at the provincial level. The study highlights … differences in inflation formation and shows that the NKPC provides a reasonable description of the inflation process only for the …

import prices only to a small extent, it may have a substantial impact on inflation, as it exerts a sizeable impact on the …

China has been provoked into speeding renminbi internationalization. But despite rapid growth in offshore financial … repression in domestic interest rates→to avoid an avalanche of foreign capital inflows that would threaten inflation and asset … could attract even more hot money inflows, the People's Bank of China should focus on tightly stabilizing the yuan/ dollar …

, which is not conducive to countering the impact of external shocks. We show that China's macroeconomic responses to external …

Import competition from China is pervasive in the sense that for many good categories, the competitive environment that … pronounced increase of aggregate US producer price inflation. …

There has been much concern about inflation in China recently. The People’s Bank in the last few months has raised the … reserve requirement several times to control the money supply to slow down inflation. In 1985 when I was organizing a summer … workshop on macroeconomics in cooperation with the Ministry of Education, Premier Zhao Ziyang asked me to forecast inflation in …

This paper empirically examines developments in price and inflation in China from 1991 to 2005. Unlike most previous … evidence that inflation can be explained by economic fundamentals such as money, credits, productivity, and exchange rate … sensitive to the sample period than to the region type. Notably, money does not seem to be closely associated with inflation …