This paper investigates the impact of the 2008 economic crisis on industries in East Asia. It attempts to identify the transmission mechanism and the magnitude
There is some disagreement in the published literature regarding the definition and the measurement of housing bubbles in China. Extending the analytical framew
Since the latter half of 2010, a new round of inflation has gradually been manifesting in China. The debate regarding whether excess money supply is responsible
Extending the income dynamics approach in Quah(2003),the present paper studies the enlarging income inequality in China over the past three decades from the vie
Incorporating asymmetric cost and benefit of supplying excess liquidity into an otherwise standard time inconsistency model,this paper offers an explanation of
Aggregate trade data with breakdown into related and non-related party components show that US multinational enterprises use different trading strategies in the