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Spillovers from the Maturing of China's Economy

Author/Editor: Allan Dizioli, Benjamin L Hunt, Wojciech Maliszewski.

Release Date:November, 2016

China’s transition to a new growth model continues and the impact has been felt across the globe. Several trends contribute to the ‘maturing’ of China’s economy: i) structural slowing on the more...



Price: $18.00
Resolving China's Corporate Debt Problem

Author/Editor: Wojciech Maliszewski, Serkan Arslanalp, John Caparusso, José Garrido, Si Guo, Joong Shik Kang, W Raphael Lam, Daniel Law, Wei Liao, Nadia Rendak, Philippe Wingender, Jiangyan Yu, Longmei Zhang.

Release Date:October, 2016

Corporate credit growth in China has been excessive in recent years. This credit boom is related to the large increase in investment after the Global Financial Crisis. Investment efficiency has more...



Price: $18.00
Financial Distortions in China : A General Equilibrium Approach

Author/Editor: Diego Anzoategui, Mali Chivakul, Wojciech Maliszewski.

Release Date:December, 2015

Widespread implicit guarantees and interest ceilings were major distortions in China’s financial system, contributing to a misallocation of resources. We analyze the impact of removing such more...



Price: $18.00
China's Growth : Can Goldilocks Outgrow Bears?

Author/Editor: Wojciech Maliszewski, Longmei Zhang.

Release Date:May, 2015

The paper analyzes the recent growth dynamics in China, evaluating both cyclical positionsand long-term growth prospects. The analysis shows that financial cycles play a moreimportant role than more...



Price: $18.00
Understanding Residential Real Estate in China

Author/Editor: Mali Chivakul, Waikei W. Lam, Xiaoguang Liu, Wojciech Maliszewski, Alfred Schipke.

Release Date:April, 2015

China’s residential real estate sector plays an important role in the economy and has been a keydriver of growth. Since 2014 the sector has softened visibly, reflecting overbuilding across more...



Price: $18.00
Vietnam: Bayesian Estimation of Output Gap

Author/Editor: Wojciech Maliszewski.

Release Date:June, 2010

The paper constructs a new output gap measure for Vietnam by applying Bayesian methods to a two-equation AS-AD model, while treating the output gap as an unobservable series to be estimated together more...



Price: $18.00
Fiscal Policy Rules for Oil-Producing Countries : A Welfare-Based Assessment

Author/Editor: Wojciech Maliszewski.

Release Date:June, 2009

The paper presents numerical simulations of various fiscal rules for oil-producing countries. Welfare implications are sensitive to the choice of the social welfare function, initial conditions, and more...



Price: $18.00
Public Debt and Fiscal Vulnerability in the Middle East

Author/Editor: Ludvig Söderling, Hanan Morsy, Martin Petri, Martin Hommes, Manal Fouad, Wojciech Maliszewski.

Release Date:January, 2007

Public debt in the Middle East increased during the mid-1990s mainly because of fiscal expansions. It decreased in recent years, thanks to high oil revenue, economic growth, some primary non-oil more...



Price: $18.00
Experience with Large Fiscal Adjustments

Author/Editor: Mark A Horton, George C Tsibouris, Wojciech Maliszewski, Mark J Flanagan.

Release Date:June, 2006

When policymakers have little option but to consider a sizable fiscal adjustment, they are confronted by the following questions: Can a large fiscal adjustment be implemented succesfully? How is a more...



Price: $28.00
Modeling Inflation in Georgia

Author/Editor: Wojciech Maliszewski.

Release Date:November, 2003

The paper explains the behavior of inflation in Georgia in the post-stabilization period. A long-run equation linking prices to money and the exchange rate, as well as a short-run, dynamic equation more...



Price: $15.00