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This paper investigates the changing roles played by liquidity constraint and uncertainty in accounting for the dynamism of Chinese household consumption behaviour. Starting from the Euler equation-based model of Robert Hall, a framework encompassing an array of consumption models is developed...
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The purpose of this study is to investigate a causal relationship among five different indices of shares issued by Chinese firms, A-, B- and H-shares listed in China and Hong Kong. This article re-examines the interactions among these China-related stocks using daily time series data by...
Persistent link: https://www.econbiz.de/10005485318
Changes in inequality as measured by the Gini index are decomposed into structural effects, real inequality effects and interactive effects. In light of such a decomposition, a refined version of the Kuznets hypothesis is proposed.
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Using a hypbrid transport model, this paper examines feegrain trade flows among regions in China and possible responses to likely price falls on China's accession to the WTO.
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