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The downturn in the world economy following the global banking crisis has left the Chinese economy relatively unscathed. This paper develops a model of the Chinese economy using a DSGE framework with a banking sector to shed light on this episode. It differs from other applications in the use of...
Persistent link: https://www.econbiz.de/10010397727
This paper develops a model of the Chinese economy using a DSGE framework that accommodates a banking sector and money. The model is used to shed light on the period of the recent period of financial crisis. It differs from other applications in the use of indirect inference to estimate and test...
Persistent link: https://www.econbiz.de/10010504467
According to a frequently cited finding by Berger et al (1993), X-inefficiency contributes 20% to cost-inefficiency in western banks. Empirical studies of Chinese banks tend to place cost-inefficiency in the region of 50%. Such estimates would suggest that Chinese banks suffer from gross cost...
Persistent link: https://www.econbiz.de/10010288770
Environmental issues are a growing priority in supply chain management, which has heightened the interest in remanufacturing. A key attribute of a remanufacturing strategy is the division of labor in the reverse channel, especially whether the remanufacturing should be performed in-house or...
Persistent link: https://www.econbiz.de/10012143078