China has been moving to a more market oriented financial system, which has implications for the monetary policy … income and the interest rate. For China, we find that the stable long-run relationship between money demand, output, and …

Offshore use of the renminbi expanded rapidly in Hong Kong SAR as China sought to develop an international role for its …

This paper provides the first systematic study of how minimum wage policies in China affect firm employment over the …

This paper investigates the empirical characteristics of income inequality in China and a panel of BRIC+ countries over …-an inverted Ushaped relationship between income inequality and economic development-in China and the panel of BRIC+ countries. In … the case of China, the empirical results indicate that government spending and taxation have opposing effects on income …

This paper documents and assesses the risk stemming from rising corporate indebtedness in China using a firm …

This book examines imbalances in seven major economies: China, France, Germany, India, Japan, the United Kingdom, and …

This paper investigates the synchronization of Hong Kong SAR’s economic growth with mainland China and the United … confirms whether real consumption in Hong Kong SAR and mainland China satisfy the permanent income hypothesis, at least in a … mainland China and the United States affect the Hong Kong economy, and how such influences evolve over time. The paper’s main …

China’s residential real estate sector plays an important role in the economy and has been a key driver of growth …

of an emerging real estate bubble. We find that, for China as a whole, the current levels of house prices do not seem …’ mass-market and luxury segments. Unlike advanced economies before 2007-8, prices have tended to correct frequently in China … China has, and will continue to have,a structural driver …