 | Nonlinearity Between the Shadow Economy and Level of Development Author/Editor: Dong Frank Wu, Friedrich Schneider. Release Date:March, 2019 This paper is the first attempt to directly explore the long-run nonlinear relationship between the shadow economy and level of development. Using a dataset of 158 countries over the period from 1996 more...
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| China's Impacts on SSA through the Lens of Growth and Exports Author/Editor: Yibin Mu, Chu Wang, Dong Frank Wu. Release Date:December, 2017 The analysis of China’s impacts on the 44 SSA countries reveals that: (i) after joining the
WTO in 2001, China has started to impact significantly on SSA growth: one-percent increase
in more...
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| Understanding Inflation in Malawi : A Quantitative Investigation Author/Editor: Dong Frank Wu. Release Date:March, 2017 This paper focuses on the role of the pass-through of the exchange rate and policydeterminants
in driving inflation. Using linear and nonlinear frameworks, the paper finds:
(i) after the more...
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| Hong Kong's Growth Synchronization with China and the U.S. : A Trend and Cycle Analysis Author/Editor: Dong He, Wei Liao, Tommy Wu. Release Date:April, 2015 This paper investigates the synchronization of Hong Kong SAR’s economic growth with mainland China and the United States. This paper identifies trends of economic growth based on the permanent more...
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