Housing, spatial price differences, and inequality in China
John Gibson, Chao Li, 27 November 2013
Does policy uncertainty reduce economic activity? Insights and evidence from large trade reforms
Kyle Handley, Nuno Limão, 23 November 2013
The impact of policy uncertainty on economic activity is an issue traditionally associated with developing countries. Since 2008, however, the spotlight has shifted. Governments’ responses to the Great Recession and the Eurozone crisis have raised considerable uncertainty about the future policies of advanced economies.
The dragon awakes: Is Chinese competition policy a cause for concern?
Mario Mariniello, 9 November 2013
Foreign businesses are increasingly realising that China has antitrust laws, and is not shy about using them. The Glencore/Xstrata merger in the spring was cleared only with conditions imposed by the Chinese Ministry of Commerce. In August, the Chinese National Development and Reform Commission imposed a record €82 million fine on milk powder producers for a price-fixing conspiracy.
Quid pro quo: Technology capital transfers for market access in China
Thomas Holmes, Ellen McGrattan, Edward C. Prescott, 8 November 2013
Over the past two decades China’s economy has grown rapidly and the nation has become a major destination for foreign direct investment. Surprisingly, little of China's FDI inflows come from technologically advanced, dominant players in global investment such as the US, Europe, and Japan (Prasad and Wei 2007, Branstetter and Foley 2010).
The BRICs party is over
Anders Åslund, 4 September 2013
After a decade of infatuation, investors have suddenly turned their backs on emerging markets. In the BRIC countries – Brazil, Russia, India and China – growth rates have quickly fallen and current-account balances have deteriorated.1 The surprise is not that the romance is over but that it could have lasted for so long.
Informal or formal financing: First evidence on co-funding of Chinese firms
Hans Degryse, Liping Lu, Steven Ongena, 21 August 2013
The credit squeeze in June 2013 has triggered policymakers’ concern worldwide about a potential debt crisis in China, while at the same time the Chinese government has moved to crack down on undisciplined lending in order to alleviate the debt-bubble fears emanating from the shadow banking system.1
Who becomes a top politician in China?
Ruixue Jia, Masa Kudamatsu, David Seim, 20 August 2013
In November 2012, China saw a new team of national political leaders assume office with Xi Jinping at the helm as the general secretary of the Communist Party. Earlier in the same year, Bo Xilai, who had been considered to be a promising candidate for the upcoming new political leadership, was expelled from the Party.
Protectionist clouds darken sunny forecast for solar power
Jeffrey Frankel, 7 August 2013
On 27 July negotiators reached a compromise settlement in the world’s largest anti-dumping dispute, regarding Chinese exports of solar panels to the EU. China agreed to constrain its exports to a minimum price and a maximum quantity.
Urbanisation and Migration Externalities in China
Pierre-Philippe Combes, Sylvie Démurger, Li Shi, 17 February 2013
Vox readers can download CEPR Discussion Paper 9352 for free here.
Urbanisation and migration externalities in China
Pierre-Philippe Combes, Sylvie Démurger, Li Shi, 9 July 2013
The latest population census conducted in China in November 2010 portrayed a rapidly urbanising country, with the urban population reaching 49.7%, up 13.5 percentage points compared to 2000.
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- The ECB’s stealth bailoutSinn
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
Adelman, 28 October 2013
Reichlin, Giugliano, 7 November 2013
Holmes, McGrattan, Prescott
Beck, De Haas, Ongena