We study the effects of Chinese monetary policy shocks on China s major trading partners in East Asia by estimating … structural vector autoregressive (SVAR) models for six economies in the region. We find that a monetary expansion in Mainland … China leads to an increase in real GDP (temporary) and the price level (permanent) in a number of economies in our sample …

rarely been addressed. This is partly due to identification problems caused by its international importance. China had … China, the global role of silver was marginal, alleviating said identification problems. We develop a bias corrected …