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Maintaining today’s global imbalances would help to overcome the major disproportion of our times – income gap between developed and developing countries. This gap was widening for 500 years and only now, in the recent 50 years, there are some signs that this gap is starting to decrease. The...
Persistent link: https://www.econbiz.de/10008805852
Both theoretical predictions of Keynesian view and a large body of empirical studies on developed countries suggest that business cycle fluctuations can be partially smoothed by counter-cyclical fiscal policies. Our paper extends this strand of literature by considering the nexus between output...
Persistent link: https://www.econbiz.de/10008805893
This article investigates the impact that the appreciation and the stability of the real exchange rate in China between …
Persistent link: https://www.econbiz.de/10008805933
China's rapid and uneven growth since 1978 has not eliminated but even re- inforced the persistent income inequality …
Persistent link: https://www.econbiz.de/10008805937
This paper investigates the influence of invariance axioms in the decomposition of observed poverty variations into growth and inequality effects. After a complete and critical review of the invariance axioms suggested in the literature, we show that few information is needed for the ordering of...
Persistent link: https://www.econbiz.de/10008805947
Although poverty has been significantly decreased in China over the last twenty years, this decrease has been highly …
Persistent link: https://www.econbiz.de/10008805955
and "natives". We focus here on the huge population of rural-to-urban migrants in China. We exploit a novel dataset that …
Persistent link: https://www.econbiz.de/10008828359
Just prior to the Copenhagen climate summit, China pledged to cut its carbon intensity by 40-45% by 2020 relative to … of whether such a pledge is ambitious or just represents business as usual. To put China’s climate pledge into … set in the current 11th five-year economic blueprint, to what extent it drives China’s emissions below its projected …
Persistent link: https://www.econbiz.de/10008828387
-country evidence at the province-level in China during 1998 to 2007. Panel data evidence clearly indicates that social interaction has … a statistically significantly positive effect on the corruption rate in China. Our findings, therefore, underscore the …
Persistent link: https://www.econbiz.de/10008828390
Persistent link: https://www.econbiz.de/10008832177