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We argue that China's rising shadow banking was inextricably linked to potential balance-sheet risks in the banking … banking (the banking system) in China …
Persistent link: https://www.econbiz.de/10013001204
We estimate the quantity-based monetary policy system in China. We argue that China's rising shadow banking was … inextricably linked to banks' balance-sheet risk and hampered the effectiveness of monetary policy on the banking system during the …
Persistent link: https://www.econbiz.de/10012956932
analysis. The stylized facts differ qualitatively across different phases or economies. We argue that the impacts of China …
Persistent link: https://www.econbiz.de/10012908470
these results by studying China's 2009 VAT reform, which lowered the tax cost of investment and reduced partial …
Persistent link: https://www.econbiz.de/10012861224
research on China. Second, we document, through various empirical methods, the robust findings about striking patterns of trend … offers a constructive framework for studying China's modern macroeconomy …
Persistent link: https://www.econbiz.de/10013021472
China's environmental regulators have sought to reduce the Yangtze River's water pollution. We document that this …
Persistent link: https://www.econbiz.de/10012985199
allocation. We develop a two-stage estimation approach and apply it to China's loan-level data that covers all sectors in the …
Persistent link: https://www.econbiz.de/10013289458
Persistent link: https://www.econbiz.de/10011907917
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