1st Edition
Chinese Macroeconomy Dynamic Models, Calibration and Analysis
By Ninghua Sun
Copyright 2023
248 Pages
49 B/W Illustrations
by
Routledge
248 Pages
49 B/W Illustrations
by
Routledge
248 Pages
49 B/W Illustrations
by
Routledge
Also available as eBook on:
This book deploys quantitative methods to focus on the operation of the Chinese economy as a whole since the reforms in 1978, by combining a range of mathematical, algorithmic and computational methods to analyze rich empirical data, seeking to demonstrate the long-term economic trends and dynamics of economic growth and fluctuations in China.
To answer the core question of how the Chinese... Read more
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
Biography
Ninghua Sun is Professor and Associate Dean of the School of Economics at Nanjing University, China. He specializes in macroeconomics, as well as financial derivatives and financial risk management, particularly within the context of Chinese economic development.
