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This paper studies the wealth channel in China. Using the structural vector autoregression method, we find that a loosening of China’s monetary policy indeed leads to higher asset prices, which in turn are linked to household consumption. However, the importance of the wealth channel as a part...
Persistent link: https://www.econbiz.de/10009640300
In this paper, we assess whether and to what extent financial activity in the oil futures markets has contributed to destabilize oil prices in recent years. We define a destabilizing financial shock as a shift in oil prices that is not related to current and expected fundamentals, and thereby...
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The 32nd CEIES seminar "Innovation indicators - more than technology?" was held on 5 and 6 February 2007 in Aarhus …, Denmark. This seminar provided an opportunity for national innovation statistics producers, data users and data providers to … Manual 2005 and its implementation (new types of innovation, more focus on service industries and on linkages, not just …
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) provided to Research and Innovation (R&I) in partner countries during the last EU budget period (2007-2013). …
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