, China's stimulus boosted real GDP growth from an annualized 6.2% in the first quarter of 2009 trough to 11.9% in the first … speed and efficacy of China's stimulus derives from state control over its banking system and corporate sector. Beijing …, fueling a real estate bubble; and that China's seemingly highly effective macroeconomic stimulus package may well have induced …

impact of China's expansionary fiscal policy with regard to these firm-level variables. We find that the policy effects …

analysis. The stylized facts differ qualitatively across different phases or economies. We argue that the impacts of China …

This paper examines the fiscal and monetary policy options available to the People's Republic of China (PRC) as a …

There is partial consensus that the size of money — or liquidity — in China should be large reflecting the high savings … background, this paper reviews recent monetary developments in China and considers how monetary aggregates and the financial …