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This paper reexamines the dynamics of hyperinflation by allowing variability in the relative price of capital goods in units of consumption goods that reflects interactions between the real and monetary sectors. The theory generates empirically testable implications that suggest expanding the...
Persistent link: https://www.econbiz.de/10005721739
This paper assesses China's role in Asia as an independent engine of growth, as a conduit of demand from the industrial … and VARs. The results suggest an increasing role of China as an independent source of growth. The microeconomic analysis … trade consistent with China playing an important and increasing role as a conduit. We also estimate some regressions that …
Persistent link: https://www.econbiz.de/10005368409
This Economic Letter is adapted from remarks delivered to the International Financial Institutions Association of California and the National Association of Chinese American Bankers in Santa Monica, California, on October 15, 2004.
Persistent link: https://www.econbiz.de/10005346910
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The two Asian giants have achieved rapid and sustained growth -- China by focusing on goods, India by tilting toward …
Persistent link: https://www.econbiz.de/10009274474
Some commentators have questioned whether China’s economy slowed more in 2012 than official gross domestic product … non-Chinese sources. These alternative domestic and foreign sources provide no evidence that China’s economic growth was …
Persistent link: https://www.econbiz.de/10010722992
Remarks before Tsinghua University's School of Economics and Management, Beijing, China, April 17, 2009. ; "The Federal …
Persistent link: https://www.econbiz.de/10010723068
Speech at a community leaders luncheon, Los Angeles, CA, November 8, 2013
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a speech at the Chinese Academy of Social Sciences, Beijing, China …
Persistent link: https://www.econbiz.de/10010725334
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