When Fast Growing Economies Slow Down: International Evidence and Implications

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                                                                                                                                                [size=12.000000pt]When Fast Growing Economies Slow Down: International Evidence and Implications forChina
Barry Eichengreen, Donghyun Park, and Kwanho Shin
NBER Working Paper No. 16919
                                        [size=12.000000pt]March 2011
JEL No. F00,O10,O4
                                        [size=12.000000pt]ABSTRACT
                                        [size=12.000000pt]Using international data starting in 1957, we construct a sample of cases where fast-growing economiesslow down. The evidence suggests that rapidly growing economies slow down significantly, in thesense that the growth rate downshifts by at least 2 percentage points, when their per capita incomesreach around $17,000 US in year-2005 constant international prices, a level that China should achieveby or soon after 2015. Among our more provocative findings is that growth slowdowns are more likelyin countries that maintain undervalued real exchange rates.
                               
                       
               

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关键词：Implications Implication Internation Economies National percentage evidence starting growing growth

能提供个电子版么

布谷财经 发表于 2016-12-1 10:19
When Fast Growing Economies Slow Down: International Evidence and Implications for ...

感谢楼主分享

read it several years ago