Financial structure and the monetary policy transmission mechanism BIS (2015-02-10)
The ERM turbulence of 1992 brought to light the relevance of financial structure for the speed and intensity of the transmission of changes in interest rates to the rest of the economy. Against this backdrop, this volume seeks to .. more |
The Internationalization of the RMB, Capital Market Openness, and Financial Reforms in China NBER (2015-02-10)
This paper provides an overview of Chinese financial and trade integration in recent decades, and the challenges facing China in the coming years. China had been a prime example of exported growth, benefiting from learning by doin .. more |
A Greek way out? CEPS (2015-02-10)
In his analysis of the basic compromise that is emerging between the new left-wing government of Greece and its European partners, Daniel Gros emphasises that the key element will be how the real problem, namely liquidity, is deal .. more | |