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This paper studies the impacts of foreign exchange reserves intervention under the economic structures of China that … exchange rate for the China’s central bank may stabilize the fluctuation of the nominal exchange rate, but it may expand the …
Persistent link: https://www.econbiz.de/10013242033
China is both a major trading partner of the United States and the largest official holder of U.S. assets in the world … article explains the reasons for this large decline in official assets, what China's policy choices are, and how these choices …
Persistent link: https://www.econbiz.de/10013210469
The impacts of the 2008 financial crisis on China / John Whalley -- How can the G20 better support global governance? A … / Yuezhou Cai and Tongsan Wang -- Labour market reform, income inequality and economic growth in China / Ming Lu and Hong Gao … -- Institutional constraints, identity and household consumption heterogeneity in China / Binkai Chen, Ming Lu and Ninghua Zhong …
Persistent link: https://www.econbiz.de/10012878755
The paper investigates the ability of monetary authorities to keep the real exchange rate undervalued over the long run by implementing a policy of accumulating foreign exchange reserves. We consider a model of a three-sector, small, open economy, where the central bank continuously purchases...
Persistent link: https://www.econbiz.de/10012714555
Persistent link: https://www.econbiz.de/10010193256
Persistent link: https://www.econbiz.de/10009631261
Persistent link: https://www.econbiz.de/10009777829
Persistent link: https://www.econbiz.de/10009539763
In this paper we attempt to determine whether the Chinese foreign exchange reserves have been too large. We empirically analyzed the foreign exchange reserves first by using the rate analysis method and then using the cost-profit method. Using the rate analysis method we found that the Chinese...
Persistent link: https://www.econbiz.de/10009539851
Because China's economic structure is different from that in OECD countries, using conventional neo … fully representative of modern China, but it does go some way beyond simple competitive models used elsewhere and points to … exchange rate have more impact on China's welfare than tariff liberalization. Policies of RMB appreciation and increasing China …
Persistent link: https://www.econbiz.de/10012463287