Chinese macroeconomy : dynamic models, calibration and analysis
Author(s)
Bibliographic Information
Chinese macroeconomy : dynamic models, calibration and analysis
（China perspectives series）
Routledge, 2023
- : hbk
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Note
"English version by permission of Nanjing University Press."--T.p. verso
Includes bibliographical references and index
Description and Table of Contents
Description
Written by a highly experienced professor of macroeconomics, this monograph is the first English-language book to provide quantitative answers to Chinese economic development since the 1950s.
Combines a range of mathematical, algorithmical, and computational techniques that are relevant for the analysis of Chinese economic data.
Different from other studies exploring the nature of the Chinese economy, the author attempts to address the question: How did the Chinese economy become what it is?
Sheds light on the constraints or driving forces of Chinese economic growth and fluctuations.
Table of Contents
1. Introduction 2. Intermittent Institutional Changes and Chinese Economic Fluctuations 3. Labor Market Distortions, Efficiency Difference and the Urban-Rural Income Gap 4. Government Investment Tendency, Financial Market Imbalance and the Urban-Rural Income Gap 5. Informal Finance, A Dual-Track Interest Rate and the Effects of Credit Policy 6. Habit Formation in Consumption, Monetary Policy and Chinese Economic Fluctuations 7. Money Supply and Chinese Economic Fluctuations 8. Energy Prices and the Chinese Macroeconomy 9. The DSGE Analysis with the CNY Real Exchange Rate 10. Foreign Direct Investment and Business Cycles in China
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