paper it is argued that the comparatively integrated global market for long bonds is suggestive of trends in the “world … yields are indeed representative of those in the “world” natural rate. The relationship between these yields and excess … saving in China and Japan is then explored using a VECM that accounts for US monetary policy. The results support a negative …

observed in Brazil, China, Poland and Turkey over the past years, may have raised financial risk. This paper assesses recent …

prolonged expansion of debt-financed consumer spending and (b) the choice by China and other emerging countries to pursue an …

expansion of debt-financed consumer spending; (b) the decision of China and other emerging countries to pursue an export …

We examine the transmission of economic shocks both from the rest of the world into the ASEAN region, as well as the … rest of the world. Second, we employ a specialized type of vector autoregression (VAR) model to decompose the shocks into … of the world. By decomposing the shocks into their constituent components, we hope to glean important insights on, among …