This paper assesses the externality impact of China's excessive growth as a China factor on the world economy via examining the effect of Chinese GDP growth on oil prices as a case for the issue. Our assessment starts, firstly, by estimating a country-level demand model to determine the GDP...

Climate change impacts will continue to worsen with rising greenhouse gas (GHG) emissions and global temperatures, underscoring the growing necessity to foresee and comprehend the impact of climate change risks on economic activity. Using quarterly firm-level data of 173 firms from the People's...

This paper empirically investigates how the level of peer-to-peer (P2P) lending affects monetary policy transmission in the People's Republic of China (PRC). Using statedependent local projection methods, we find that the macroeconomic effects of unanticipated changes in monetary policy are...