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countries and analyze the impact of a supply shock in an emerging economy, the People's Republic of China (PRC), on inflation … rates in two developed economies, the United States (US) and Japan. We demonstrate that the assumed asymmetric trade … supply shock in the PRC. Specifically, Japan is under a greater deflationary pressure than the US because of its vertical …
Persistent link: https://www.econbiz.de/10010397229
five phases of economic development that are common to China, Japan, and Korea: M (Malthusian), G (government-led), K (à la … explores the agrarian origins of institutions in Qing China and Tokugawa Japan (and briefly Choson Korea) and their path … institutional evolution between China and Japan, which also clarifies the simplicity of prevailing arguments that identify East …
Persistent link: https://www.econbiz.de/10010397266
foreign issuers. The countries that are examined include Australia; Hong Kong, China; Japan; Republic of Korea; and Singapore …
Persistent link: https://www.econbiz.de/10010507189
Financial conditions indexes (FCIs) are constructed for five Asian economies, namely, Hong Kong, China; Japan; the …
Persistent link: https://www.econbiz.de/10010507377
Persistent link: https://www.econbiz.de/10011696874
Persistent link: https://www.econbiz.de/10010313134
incorporate China into an existing model for the G-3 economies (i.e., the United States, the euro area, and Japan), paying … particular attention to modelling the exchange rate and monetary policy in China. Their findings suggest that the Chinese economy … real exchange rate more persistent. In addition, the authors' model underscores the importance of spillovers from China to …
Persistent link: https://www.econbiz.de/10010279857
stance and pursuing both China's basic interest in close economic relations with Japan and also domestic stability. After a … years China's leaders have attempted to conduct a more pragmatic policy towards Japan and evade the pernicious shadow of …The Sino-Japanese relationship is a highly complex one, marked both by Japan's aggressive wars from the 1930s on and …
Persistent link: https://www.econbiz.de/10010283097
leadership in international institution- building, using China's and Japan's roles in East Asian regionalism as an empirical test …
Persistent link: https://www.econbiz.de/10010285665
The integration of China into the global economy is one of the most spectacular events in economic history. This paper … to explore interdependencies between business cycles in China and industrial countries, including the US, the euro area … and Japan. For robustness, the results are compared to those obtained from leading structural models, such as NiGEM and …
Persistent link: https://www.econbiz.de/10010286628