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Assessing the role of aggregate demand and supply shocks in China’s macroeconomic fluctuation

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  • Min Gong

    ()

  • Wenpu Li

    ()

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    Abstract

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    File URL: http://hdl.handle.net/10.1007/s11459-010-0108-y
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    Bibliographic Info

    Article provided by Springer in its journal Frontiers of Economics in China.

    Volume (Year): 5 (2010)
    Issue (Month): 3 (September)
    Pages: 464-488

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    Handle: RePEc:spr:frecch:v:5:y:2010:i:3:p:464-488

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    Web page: http://www.springer.com/economics/journal/11459

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    Related research

    Keywords: macroeconomic fluctuation; structural VAR; supply and demand shocks; China; E3; C32; O53;

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    References

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    1. Blanchard, Olivier Jean & Quah, Danny, 1989. "The Dynamic Effects of Aggregate Demand and Supply Disturbances," American Economic Review, American Economic Association, vol. 79(4), pages 655-73, September.
    2. Stefan Gerlach & Wensheng Peng, 2006. "Output gaps and inflation in Mainland China," BIS Working Papers 194, Bank for International Settlements.
    3. Stefan E. Oppers, 1997. "Macroeconomic Cycles in China," IMF Working Papers 97/135, International Monetary Fund.
    4. Quah, Danny & Vahey, Shaun P, 1995. "Measuring Core Inflation?," Economic Journal, Royal Economic Society, vol. 105(432), pages 1130-44, September.
    5. Sims, Christopher A, 1980. "Macroeconomics and Reality," Econometrica, Econometric Society, vol. 48(1), pages 1-48, January.
    6. Stanley Fischer & Ratna Sahay, 2000. "The Transition Economies After Ten Years," IMF Working Papers 00/30, International Monetary Fund.
    7. Stanley Fischer & Ratna Sahay, 2000. "The Transition Economies After Ten Years," NBER Working Papers 7664, National Bureau of Economic Research, Inc.
    8. Zhang, Yin & Wan, Guanghua, 2004. "China's Business Cycles: Perspectives from an AD-AS Model," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
    9. Cover, James Peery & Enders, Walter & Hueng, C. James, 2006. "Using the Aggregate Demand-Aggregate Supply Model to Identify Structural Demand-Side and Supply-Side Shocks: Results Using a Bivariate VAR," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 38(3), pages 777-790, April.
    10. Cargill, Thomas F. & Parker, Elliott, 2004. "Price deflation, money demand, and monetary policy discontinuity: a comparative view of Japan, China, and the United States," The North American Journal of Economics and Finance, Elsevier, vol. 15(1), pages 125-147, March.
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