Haku
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Should we care? : The economic effects of financial sanctions on the Russian economy
(29.07.2019)
BOFIT Discussion Papers 13/2019
BOFIT Discussion Papers 13/2019
We employ a Bayesian VAR model to estimate the economic effects on the Russian economy from Western financial sanctions imposed in 2014. Sanctions caused a decrease in the amount of out-standing Russian corporate external ...
In search of fluctuations : Another look at China’s incredibly stable GDP growth
(27.12.2018)
BOFIT Discussion Papers 23/2018
BOFIT Discussion Papers 23/2018
China’s official real GDP growth has held surprisingly stable in recent years. As national GDP figures influence both policy analysis and political decisions, the GDP growth rate of the massive Chinese economy has also ...
Exchange rate fluctuations and the financial channel in emerging economies
(30.08.2021)
BOFIT Discussion Papers 11/2021
BOFIT Discussion Papers 11/2021
This paper assesses the financial channel of exchange rate fluctuations for emerging countries and the link to the conventional trade channel. We analyze whether the effective exchange rate affects GDP growth, the domestic ...
What 31 provinces reveal about growth in China
(28.01.2021)
BOFIT Discussion Papers 1/2021
BOFIT Discussion Papers 1/2021
It is important to understand the growth process under way in China. However, analyses of Chinese growth became increasingly more difficult after the real GDP doubling target was announced in 2012 and the official real ...