Showing 1 - 8 of 8
We examine the behavior of forecasts for real GDP growth using a large panel of individual forecasts from 30 advanced and emerging economies during 1989–2010. Our main findings are as follows. First, our evidence does not support the validity of the sticky information model (Mankiw and...
Persistent link: https://www.econbiz.de/10011242185
The paper compares trends in financial integration within Asia with those in industrialized countries and other regional groups. Declines in cross-country dispersion in equity returns and interest rates suggest increased Asian integration, with the process interrupted by crises and global...
Persistent link: https://www.econbiz.de/10008839330
-led growth and face growing risks from a deceleration in investment in China. This note quantifies potential global spillovers … from an investment slowdown in China. It finds that a one percentage point slowdown in investment in China is associated … vulnerable to an investment slowdown in China. The spillover effects also register strongly across a range of macroeconomic …
Persistent link: https://www.econbiz.de/10011242248
from its continued reliance on capital accumulation, China can grow at a healthy pace and maintain its convergence toward …
Persistent link: https://www.econbiz.de/10011242319
This paper studies structural changes underlying China's remarkable and unprecedented growth in recent years. While … patterns of structural transformation across China's provinces are broadly in line with international experience, one important … labor productivity in the rest of the economy and services has widened across China's provinces as they have moved from low …
Persistent link: https://www.econbiz.de/10010790282
This paper provides the first systematic study of how minimum wage policies in China affect firm employment over the …
Persistent link: https://www.econbiz.de/10011123849
Over the past decade, China's growth model has become more reliant on investment and its footprint in global imports … has widened substantially. Several economies within China's supply chain are increasingly exposed to its investment …-led growth and face growing risks from a deceleration in investment in China. This note quantifies potential global spillovers …
Persistent link: https://www.econbiz.de/10012677549
Persistent link: https://www.econbiz.de/10011648013