 | The Chinese Corporate Savings Puzzle : A Firm-level Cross-country Perspective Author/Editor: Hui Tong, Shang-Jin Wei, Tamim Bayoumi. Release Date:December, 2010 China’s high corporate savings rate is commonly claimed to be a key driver for the country’s large current account surplus. The mainstream explanation for high corporate savings is a combination more...
| Price: $18.00
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| The Composition Matters : Capital Inflows and Liquidity Crunch During a Global Economic Crisis Author/Editor: Hui Tong, Shang-Jin Wei. Release Date:August, 2009 We study whether capital flows affect the degree of credit crunch faced by a country's manufacturing firms during the 2007-09 crisis. Examining 3823 firms in 24 emerging countries, we find that the more...
| Price: $18.00
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| Real Effects of the Subprime Mortgage Crisis : Is it a Demand or a Finance Shock? Author/Editor: Hui Tong, Shang-Jin Wei. Release Date:July, 2008 We develop a methodology to study how the subprime crisis spills over to the real economy. Does it manifest itself primarily through reducing consumer demand or through tightening liquidity more...
| Price: $18.00
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| Das (Wasted) Kapital : Firm Ownership and Investment Efficiency in China Author/Editor: David Dollar, Shang-Jin Wei. Release Date:January, 2007 Based on a survey that we designed and that covers a stratified random sample of 12,400 firms in 120 cities in China with firm-level accounting information for 2002-2004, this paper examines the more...
| Price: $18.00
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| Financial Globalization : A Reappraisal Author/Editor: Ayhan Kose, Eswar Prasad, Kenneth Rogoff, Shang-Jin Wei. Release Date:August, 2006 The literature on the benefits and costs of financial globalization for developing countries has exploded in recent years, but along many disparate channels and with a variety of apparently more...
| Price: $15.00
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| Service Offshoring, Productivity, and Employment : Evidence from the United States Author/Editor: Mary Amiti, Shang-Jin Wei. Release Date:December, 2005 This paper estimates the effects of offshoring on productivity in U.S. manufacturing industries between 1992 and 2000, using instrumental variables estimation to address the potential endogeneity of more...
| Price: $15.00
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| Endowment Versus Finance : A Wooden Barrel Theory of International Trade Author/Editor: Jiandong Ju, Shang-Jin Wei. Release Date:June, 2005 This paper develops a theory of international trade in which financial development and factor endowments jointly determine comparative advantage. We apply the financial contract model of Holmstrom more...
| Price: $15.00
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| The Chinese Approach to Capital Inflows : Patterns and Possible Explanations Author/Editor: Shang-Jin Wei, Eswar Prasad. Release Date:April, 2005 In this paper, we adopt a cross-country perspective to examine the evolution of capital flows into China, both in terms of volumes and composition. China's inflows have generally been dominated by more...
| Price: $15.00
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| Fear of Service Outsourcing : Is It Justified? Author/Editor: Mary Amiti, Shang-Jin Wei. Release Date:October, 2004 The recent media and political attention on service outsourcing from developed to developing countries gives the impression that outsourcing is exploding. As a result, workers in industrial countries more...
| Price: $15.00
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| Can China Grow Faster? A Diagnosis of the Fragmentation of Its Domestic Capital Market Author/Editor: Shang-Jin Wei, Genevieve Boyreau-Debray. Release Date:May, 2004 This paper examines possible segmentation of the internal capital market in China. We employ two standard tools from the international finance literature to analyze financial integration across more...
| Price: $15.00
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