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and innovation by firms operating in GVCs in Asia. The countries examined are China, India, South Korea, the Philippines …
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During the first wave of the COVID-19 pandemic, Shanghai implemented lockdown measures to stop transmission of the virus. Over 26 million residents, including 0.8 million children aged 3-6, were confined at home. This study leveraged a city-wide cohort of preschool children - the Shanghai...
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index, the exchange rate of the Chinese yuan, and the balance sheet of the People's Bank of China (PBOC). The findings show … holds for China, implying that the PBOC's actions are a driver of the long-term CGB yield. This means that policymakers in … China have considerable leeway in fiscal and monetary operations, government deficit finance, and central government debt …
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