McCully, Tuuli - In: China finance and economic review : CFER 13 (2024) 3, pp. 64-82
securities. Following a review of China's bond market, a simple theoretical model of push and pull factors driving bond flows is …-varying models are estimated to explain the importance of push and pull factors in China's bond market. While China-specific pull … factors, such as domestic economic growth and asset returns, are important drivers of flows, the results reveal that global …