Price Dynamics in China
Price Dynamics in China

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2010-09-01

Total Pages: 28

ISBN-13: 1455208868

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Chinese inflation, particularly non-food inflation, has been surprisingly modest in recent years. We find that supply factors, including those captured through upstream foreign commodity and producer prices, have been important drivers of non-food inflation, as has foreign demand for Chinese goods. Domestic demand and monetary conditions seem less important, possibly reflecting a large domestic output gap generated by many years of high investment. Inflation varies systemically within China, with richer (and urban) provinces having lower, more stable, inflation, but this urban inflation also influence that in lower-income provinces. Higher Mainland food inflation also raises inflation in non-Mainland China.

Stabilizing China’s Housing Market
Stabilizing China’s Housing Market

Author: Richard Koss

Publisher: International Monetary Fund

Published: 2018-04-13

Total Pages: 33

ISBN-13: 1484348559

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The sharp rise of house prices in China’s Tier-1 cities has fostered a great deal of commentary about the possibility of bubbles forming there. However, China’s unique housing market characteristics make it difficult to assess the macroeconomic severity of bursting bubbles, even if they exist. These include the setting of land supply and prices by the government, among many others. The presence of overbuilt “ghost cities” greatly complicates the ability of traditional macroeconomic policies to address these concerns. This paper looks at proposals to shore up the mortgage underwriting and legal infrastructure to help China withstand the impact of falling prices, should this occur.

China's Housing Reform and Outcomes
China's Housing Reform and Outcomes

Author: Joyce Yanyun Man

Publisher: Lincoln Inst of Land Policy

Published: 2011

Total Pages: 260

ISBN-13: 9781558442115

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This in-depth volume explains China's residential construction boom and reviews how some established trends are likely to challenge its housing market in coming years. It draws on household surveys and public data in China and provides important lessons about housing policy for China and other countries.

NBER Macroeconomics Annual 2015
NBER Macroeconomics Annual 2015

Author: Martin Eichenbaum

Publisher: University of Chicago Press

Published: 2016-06-22

Total Pages: 517

ISBN-13: 022639574X

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This year, the NBER Macroeconomics Annual celebrates its thirtieth volume. The first two papers examine China’s macroeconomic development. “Trends and Cycles in China's Macroeconomy” by Chun Chang, Kaiji Chen, Daniel F. Waggoner, and Tao Zha outlines the key characteristics of growth and business cycles in China. “Demystifying the Chinese Housing Boom” by Hanming Fang, Quanlin Gu, Wei Xiong, and Li-An Zhou constructs a new house price index, showing that Chinese house prices have grown by ten percent per year over the past decade. The third paper, “External and Public Debt Crises” by Cristina Arellano, Andrew Atkeson, and Mark Wright, asks why there appear to be large differences across countries and subnational jurisdictions in the effect of rising public debts on economic outcomes. The fourth, “Networks and the Macroeconomy: An Empirical Exploration” by Daron Acemoglu, Ufuk Akcigit, and William Kerr, explains how the network structure of the US economy propagates the effect of gross output productivity shocks across upstream and downstream sectors. The fifth and sixth papers investigate the usefulness of surveys of household’s beliefs for understanding economic phenomena. “Expectations and Investment,” by Nicola Gennaioli, Yueran Ma, and Andrei Shleifer, demonstrates that a chief financial officer's expectations of a firm's future earnings growth is related to both the planned and actual future investment of that firm. “Declining Desire to Work and Downward Trends in Unemployment and Participation” by Regis Barnichon and Andrew Figura shows that an increasing number of prime-age Americans who are not in the labor force report no desire to work and that this decline accelerated during the second half of the 1990s.

Power Shift
Power Shift

Author: David Shambaugh

Publisher: Univ of California Press

Published: 2006-01-17

Total Pages: 404

ISBN-13: 0520939026

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The dynamics of international relations in Asia are undergoing broad and fundamental changes that are reverberating around the world. Primary among the catalysts of change in the region is the rise of China as the engine of regional economic growth, as a major military power, as a significant voice in regional diplomacy, and as a proactive power in multilateral institutions. With in-depth assessments by seventeen of the world’s leading experts on China’s foreign relations, this groundbreaking volume offers the most timely, up-to-date, and comprehensive analysis of China’s emerging influence on international relations in Asia. The contributors explore the various dimensions of China’s rise, its influence on the region, the consequences for the United States, and alternative models of the evolving Asian order. What emerges is a clear picture of China increasingly at the center of the regional web; while North Korean and Taiwan could erupt in conflict, the predominant trend in Asia is the creation of an extensive web of mutual interdependence among states and non-state actors. Providing the best overview we currently have of the changing political balance on the Asian continent, this accessible volume will be essential reading for anyone concerned with contemporary Asian affairs.

An Introduction to Wavelets and Other Filtering Methods in Finance and Economics
An Introduction to Wavelets and Other Filtering Methods in Finance and Economics

Author: Ramazan Gençay

Publisher: Elsevier

Published: 2001-10-12

Total Pages: 383

ISBN-13: 0080509223

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An Introduction to Wavelets and Other Filtering Methods in Finance and Economics presents a unified view of filtering techniques with a special focus on wavelet analysis in finance and economics. It emphasizes the methods and explanations of the theory that underlies them. It also concentrates on exactly what wavelet analysis (and filtering methods in general) can reveal about a time series. It offers testing issues which can be performed with wavelets in conjunction with the multi-resolution analysis. The descriptive focus of the book avoids proofs and provides easy access to a wide spectrum of parametric and nonparametric filtering methods. Examples and empirical applications will show readers the capabilities, advantages, and disadvantages of each method. - The first book to present a unified view of filtering techniques - Concentrates on exactly what wavelets analysis and filtering methods in general can reveal about a time series - Provides easy access to a wide spectrum of parametric and non-parametric filtering methods

Security, Strategy, and Military Dynamics in the South China Sea
Security, Strategy, and Military Dynamics in the South China Sea

Author: Houlden, Gordon

Publisher: Policy Press

Published: 2021-07-27

Total Pages: 404

ISBN-13: 1529213460

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This volume brings together international experts to provide fresh perspectives on geopolitical concerns in the South China Sea. The book considers the interests and security strategies of each of the nations with a claim to ownership and jurisdiction in the Sea. Examining contexts including the region’s natural resources and China’s behaviour, the book also assesses the motivations and approaches of other states in Asia and further afield. This is an accessible, even-handed and comprehensive examination of current and future rivalries and challenges in one of the most strategically important and militarized maritime regions of the world.

Inflation in China
Inflation in China

Author: Chengsi Zhang

Publisher: Routledge

Published: 2020-08-13

Total Pages: 245

ISBN-13: 1000166201

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Inflation plays a central role in macroeconomic and financial policy regulation, and its dynamic formation has gradually become a popular research topic in this field. This book comprehensively studies the dynamic mechanism of inflation in China from the perspective of New Keynesian economics. By combining the dynamic trajectory of price changes since China's reform and opening-up under Deng Xiaoping as well as the underlying economic operating characteristics, the book deploys a multifaceted approach to understand the mechanism of inflation dynamics. The author explores the microfoundations of inflation dynamics, and underlines their importance in the context of modern monetary policy. In particular, he builds upon the traditional New Keynesian Phillips curve to include factors of globalization and financialization within the inflation formation regime of modern China. As the book explores the dynamic mechanism of China's inflation from different perspectives including inflation cycle theory, price index internal conduction, price index chain transmission, capital rotation, and industry inflation mechanisms, international readers will gain a full understanding of China's inflation, monetary policy, and economy.

The End of Cheap China
The End of Cheap China

Author: Shaun Rein

Publisher: John Wiley & Sons

Published: 2012-02-13

Total Pages: 192

ISBN-13: 1118239946

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As China evolves, so does the global marketplace—all the way down to the consumer The End of Cheap China is a detailed look at the rise of China, and how it will affect the global marketplace. A thorough exploration of the changes taking place in the Chinese economy, the book explains how much of the Western consumerist culture is built on the back of cheap Chinese factory labor, and warns that the era is coming to a close. Readers will learn why the cheap labor pool is beginning to dry up, what that means for the rest of the world, and how businesses will have to adapt to stay afloat. This updated second edition includes new statistics, the latest news on the Chinese economy, and additional case studies that illustrate the ways in which China has developed—into a brand-new potential market. China's social, political, and economic evolution will affect the entire world. Rising incomes are building pressure on the global commodities market, inflation is only just beginning, and consumers are experiencing sticker shock as cheap labor is becoming harder to find. The End of Cheap China explains the factors driving these changes, the impact that can be expected, and the opportunities that constitute a major silver lining for businesses panicking about the coming paradigm shift. Readers will: Discover the eight mega-trends changing China, and how far the ripples will spread Learn how rising costs in China will dramatically affect the American way of life Examine the rise of Chinese consumption, and the friction it engenders Consider the changes businesses must make to remain profitable in a changing world The global marketplace is evolving, and it's up to businesses to keep pace with the changes. The End of Cheap China provides a roadmap for navigating these changes, helping businesses lead the charge toward a more affluent global economy.

China's Geography
China's Geography

Author: Gregory Veeck

Publisher: Rowman & Littlefield

Published: 2021-04-07

Total Pages: 433

ISBN-13: 1538140810

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Despite China's clear and growing importance on the world stage, it remains often and easily misunderstood. Indeed, there are many Chinas, as this comprehensive survey, the most current and authoritative introduction available, vividly illustrates. Now in a thoroughly revised and updated edition, this text traces the changes occurring in this powerful and ancient nation across both time and space. Beginning with China's diverse landscapes and environments, and continuing through its formative history and tumultuous recent past, the authors show contemporary China as a product of both internal and external forces. They consider historical and current successes and difficulties, including economic, political, cultural, and environmental challenges, while placing China in its international context as a massive, developing, diverse nation that is meeting the needs of its 1.4 billion citizens while becoming an aggressive major regional and global player. Through clear prose and 160 insightful maps, tables, and photos, China's Geography illustrates and explains the great economic, political, and social differences found throughout China's many regions. Accompanying the book is a companion website that provides a wealth of additional materials, including sample lectures, color versions of all the graphics, time series and provincial data files for student projects in Excel, lists of favorite films and websites, and public domain maps for student use.