Showing 1 - 10 of 839
We extend the Global Projection Model (GPM) to include a separate block for China. China plays an important role in …) mean that a separate treatment of China allows for a better consideration of China, as well as how the rest of emerging …
Persistent link: https://www.econbiz.de/10010790285
Interest rates in China comprise a mix of both market determined interest rates (interbank rates and bond yields), and … regulated interest rates (lending and deposit rates), reflecting China's gradual process of interest rate liberalization. We …
Persistent link: https://www.econbiz.de/10008528670
may be accumulating, and tight prudential standards and fiscal measures will be required to tame price inflation. …
Persistent link: https://www.econbiz.de/10008777036
There is an extensive literature noting that high inflation can add to income inequality, and a parallel literature … assessing the effect of rising food prices on the poor. This paper attempts to combine these strands by dividing inflation into … food and nonfood inflation and assessing whether food inflation affects income inequality differently from nonfood …
Persistent link: https://www.econbiz.de/10009618580
increases in domestic inflation. We show that one way to understand these episodes is as manifestations of balance of payments …
Persistent link: https://www.econbiz.de/10012677804
Inflation -- B. VAR Models -- C. Variable Coefficient Models -- D. Using Subcomponents of CPI -- IV. CONCLUSIONS -- References. …
Persistent link: https://www.econbiz.de/10012691172
Event studies are used to analyze the impact of U.S. financial, fiscal, and monetary policies from US to foreign asset prices across a range of G20 countries and Switzerland. The initial announcement that the Administration supported tighter regulation of banks led to a generalized fall in...
Persistent link: https://www.econbiz.de/10009203538
This paper studies the linkage between structural coherence and economic growth. Structural coherence is defined as the degree that a country's industrial structure optimally reflects its factor endowment fundamentals. The paper found that at least for the overall capital, the shares of capital...
Persistent link: https://www.econbiz.de/10010878416
The degree of comovement across national stock markets has increased dramatically since the mid-1990s. This has overturned a stylized fact in the international portfolio diversification literature that diversifying across countries is more effective for risk reduction than diversifying across...
Persistent link: https://www.econbiz.de/10005768890
This paper links the current sub-prime mortgage crisis to a decline in lending standards associated with the rapid expansion of this market. We show that lending standards declined more in areas that experienced larger credit booms and house price increases. We also find that the underlying...
Persistent link: https://www.econbiz.de/10005769083