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developments in Central, East and Southeast Europe, Kazakhstan, Russia, Ukraine and China (including brief country reports), as … down from about 6% in 2007 to some 5% per year over the period 2008 2010. Inflation will gradually decline, yet in most NMS … the previous two years. A modest cooling down of growth is projected for China as well. This forecast starts a new series …
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This thesis consists of four essays in empirical macroeconomics. The first three essays examine the conduct of monetary policy during a disinflationary and deflationary era, with the policy interest rates close to or at the zero bound.The questions of interest include the potency of the interest...
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policy impacts inflation and real economic developments in China. The results indicate that the conduct of monetary policy in … aims to hit an inflation target by simply controlling the target interest rate. First, China's monetary policy toolkit is …China's economic development has been exceptionally robust since the end of the 1970s, and the country has already …
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leading emerging countries such as Brazil, India and China (BIC) from January 2000 to December 2012. This paper supports the …
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