Author/Editor: Ding Ding, Weicheng Lian.

Release Date:December, 2018

In this paper we analyze the fundamental drivers of China’s residential investment as a share of its GDP. Our analysis indicates that the economic structural changes that led to rebalancing toward more...

Author/Editor: Gee Hee Hong, Zsoka Koczan, Weicheng Lian, Malhar S Nabar.

Release Date:March, 2018

Nominal wage growth in most advanced economies remains markedly lower than it was before the Great Recession of 2008–09. This paper finds that the bulk of the wage slowdown is accounted for by more...

Author/Editor: Mai Chi Dao, Mitali Das, Zsoka Koczan, Weicheng Lian.

Release Date:July, 2017

This paper documents the downward trend in the labor share of global income since the early 1990s, as well as its heterogeneous evolution across countries, industries and worker skill groups, using a more...

Author/Editor: Daniel Leigh, Weicheng Lian, Marcos Poplawski-Ribeiro, Rachel Szymanski, Viktor Tsyrennikov, Hong Yang.

Release Date:March, 2017

We examine the stability and strength of the relationship between exchange rates and trade over time using three alternative approaches, mitigating the endogeneity of the relation. We find that both more...

Author/Editor: Samya Beidas-Strom, Weicheng Lian, Ashwaq Maseeh.

Release Date:December, 2009

This paper examines housing finance and housing price dynamics in selected emerging Middle Eastern economies over the past two decades. It finds that (i) mortgage markets have experienced rapid more...