Boosting private demand and curbing inflation are two major targets set by China’s policymakers. This paper studies China’s policy choices when faced with increased labor income volatility. Using a multi-sector DSGE model, we analyze the negative impact of labor income volatility on...

To explore effective schemes of reducing carbon emission at the city level, this study evaluate the decoupling situation and the driving forces of industrial carbon emission in a coastal city of Zhuhai, China. Macro and micro analyses of evolutions of energy consumption, carbon emission, and...

Is foreign capital withdrawal historical opportunity or realistic challenge for Chinese firms to upgrade their global value chain (GVC)? Based on the framework of demand and supply, this study examines the impact and main characteristics of foreign capital withdrawal on upgrading Chinese...