This article uses a Structural Vector Autoregressive (SVAR) approach to study the different shocks to the monetary performance in the two decades of the US economy prior to the 2008 financial crisis. By using the Federal Fund Rate as a measure of change in the monetary policy, this study shows...

The People's Republic of China can become an important and influential player in the world through its overseas investment to developing countries. This paper examines and compares the determinants of Chinese and U.S. direct investment around the world. We adopt the cross sectional analysis for...