Add to ORKGWe argue that criticism concerning the Chinese dollar peg is misplaced as no predictable link exists between the exchange rate and the trade balance of an international creditor economy. The stable nominal yuan/dollar rate is argued to have stabilized Chinese, East Asian and global growth. However, linked to US low interest rates, Chinese sterilization policies and potentially subsidized capital allocation in China the real yuan/dollar rate is undervalued. This has caused—both in China and the United States— structural distortions and threatens to undermine global growth and stability. We propose Sino-American policy coordination to escape from the policy dilemma, which continues to drive global imbalances.China, exchange rate, financial st...
Most Western economists and policy makers agree that the Yuan is significantly undervalued and push ...
Today’s American mercantile pressure on China to appreciate the renminbi against the dollar is eeril...
Since the yuan is pegged to the dollar, the U.S. and Chinese economies have become inter-connected i...
Under the world dollar standard, a discrete appreciation by a dollar creditor country of the United ...
Under the world dollar standard, a discrete appreciation by a dollar creditor country of the United ...
China-bashing has become a popular media and political sport. This is largely due to the U.S. trade...
In recent years, the United States and other countries have expressed considerable concern that Chin...
The continued rise in the U.S.-China trade imbalance and complaints from U.S. manufacturing firms an...
This report evaluates that assertion, and considers other effects China’s peg has on the U.S. econom...
China-bashing has become a popular media and political sport. This is largely due to the U.S. trade...
China’s concern about its U.S. Dollar reserves is being amplified by the low returns of some of Chin...
For creditor countries on the periphery of the dollar standard such as China with current account su...
I examine the transmission of expansionary U.S. monetary policy in case where developing countries-i...
For creditor countries on the periphery of the dollar standard such as China with current account su...
The Chinese government has come under increasing criticism from both the U.S. government and some cr...
Most Western economists and policy makers agree that the Yuan is significantly undervalued and push ...
Today’s American mercantile pressure on China to appreciate the renminbi against the dollar is eeril...
Since the yuan is pegged to the dollar, the U.S. and Chinese economies have become inter-connected i...
Under the world dollar standard, a discrete appreciation by a dollar creditor country of the United ...
Under the world dollar standard, a discrete appreciation by a dollar creditor country of the United ...
China-bashing has become a popular media and political sport. This is largely due to the U.S. trade...
In recent years, the United States and other countries have expressed considerable concern that Chin...
The continued rise in the U.S.-China trade imbalance and complaints from U.S. manufacturing firms an...
This report evaluates that assertion, and considers other effects China’s peg has on the U.S. econom...
China-bashing has become a popular media and political sport. This is largely due to the U.S. trade...
China’s concern about its U.S. Dollar reserves is being amplified by the low returns of some of Chin...
For creditor countries on the periphery of the dollar standard such as China with current account su...
I examine the transmission of expansionary U.S. monetary policy in case where developing countries-i...
For creditor countries on the periphery of the dollar standard such as China with current account su...
The Chinese government has come under increasing criticism from both the U.S. government and some cr...
Most Western economists and policy makers agree that the Yuan is significantly undervalued and push ...
Today’s American mercantile pressure on China to appreciate the renminbi against the dollar is eeril...
Since the yuan is pegged to the dollar, the U.S. and Chinese economies have become inter-connected i...