China has established its role as a major world lender, and policy changes affecting its external position would therefore have pronounced effects over a range of countries and on the global financial landscape in general. In this paper, I characterize China’s external asset holdings and macro...

Co-authores: Valeriya Dinger (University of Osnabrück and the Leeds University Business School), Ragnar Juelsrud (Norges Bank) and Karolis Liaudinskas (Norges Bank) In this paper, we investigate how trade shocks propagate to the real economy through banking sector. We exploit an exogenous trade...

Issues such as inflation, the credit crunch and loss of a confidence in the economy means this conference will come at a crucial time and delegates will have the opportunity to debate these key topics with some of the UK's leading economic commentators. Whilst the economic crisis continues to...