Showing 1 - 10 of 157
We estimate the effect on economic development of China's industrial policy, in particular, the establishment of …
Persistent link: https://www.econbiz.de/10011084232
China and its other trading partners manipulate their exchange rates, and (b) the nature of the Chinese exchange rate regime … bilateral deficit, though other variables also turn out to be quite important. On the issue of China's de facto exchange rate …
Persistent link: https://www.econbiz.de/10005114394
This Paper examines pitfalls of a state-dominated financial system in the context of China. These include possible … confirm a similar (and somewhat surprising) picture: capital mobility within China is low! Furthermore, the degree of internal …
Persistent link: https://www.econbiz.de/10005661718
This Paper constructs and analyses a long run time series for regional inequality in China from the Communist … integration in the late 1990s. Regional inequality in China in 1999 exceeds the level experienced at its peak in the Cultural … in growth and poverty reduction. As China enters the WTO, pro-active measures encouraging liberalisation and investment …
Persistent link: https://www.econbiz.de/10005661875
formidable challenge to monetary policy decision makers. For the case of China, we examine the institutional changes in the … consideration the changes in the institutional characteristics of China's financial system. Using a newly compiled dataset that …
Persistent link: https://www.econbiz.de/10011083869
underlying theory is the search and matching model, with workers and firms engaging in costly search leading to random matching … from it, generated by matching. …
Persistent link: https://www.econbiz.de/10005504624
This Paper proposes and develops a dynamic matching model à la Mortensen and Pissarides (1994, 1999a, 1999b) where …
Persistent link: https://www.econbiz.de/10005504777
. This effect may make the market less efficient than random matching. We show that the first best can be achieved using …
Persistent link: https://www.econbiz.de/10005788873
This paper offers an alternative theory for the increase in unemployment and wage inequality experienced in the United States over the past two decades. In my model firms decide the composition of jobs and then match with skilled and unskilled workers. The demand for skills is endogenous and an...
Persistent link: https://www.econbiz.de/10005789067
within a matching model that reducing the start-up costs for new firms results in higher take-up rates of education. It also …
Persistent link: https://www.econbiz.de/10005789165