In this paper, we aim to understand how monetary policy is conducted in China and what the main sources of fluctuations … in China’s business cycle are. To this end, we extend a standard New Keynesian dynamic stochastic general equilibrium … rule and employ a Bayesian estimation strategy using Chinese data. We find that the People’s Bank of China conducts …

This paper is motivated by the popular view that the surge in China’s foreign exchange reserves is due to a … the reserve build-up in China during 1998Q4-2011Q4. A substantial problem is that theory is consistent with employing two … in China’s case. The results suggest that mercantilism accounts for less than 10 percent of reserve accumulation …

This paper examines the effectiveness of China's indigenous R&D investment and technological innovation to curb its … that: 1) While China's indigenous R&D efforts play a significant role to curb carbon emissions, sole dependence on R&D may … be far from sufficient to achieve China's pledged Copenhagen climate target with complementary policies being required to …

The rise in China's sex ratio at birth during the last two decades has had a wide range of economic and social …

China is currently the world's largest single source of fossil fuel related CO2 emissions. In response to pressure from … of China's recent commitments to reduce emissions intensity, and highlight the complexities involved in modelling …, we show that China's emissions intensity targets could be achieved with a range of low and high growth emissions level …

This paper examines the export experience of China and other East Asian economies in the aftermaths of the global …

. China has multiple objectives to develop a low carbon economy and to decrease carbon dioxide emission per unit of GDP … protection, poverty alleviation, employment and natural conservation). In this regard, China's actions are more at the active … side than from a pressure outside. However, there are some suspicions in the international society about whether China has …

The time has come (is arguably long overdue) to develop a new basis for the World Bank's work in China. For nearly two … decades, the Bank and China have been engaged in a mutual game of ‘let's pretend’, because the annual increments to China …'s foreign exchange reserves have been larger than the Bank's annual loans to China since about 1994. Now China's national income …

The Chinese leadership in November 2013 determined to embark upon a new wave of comprehensive reforms in China. This is … clearly reflected by the key decision of the Third Plenum of the 18th Central Committee of Communist Party of China to assign … in China, provides some analysis of these energy price reforms, and suggests few areas of reforms could take place in …