Globalization and Changing Inflation Dynamics in China

References

• Andrews, D.W.K. 1993. “Tests for Parameter Instability and Structural Change with Unknown Change Point.” Econometrica 61, no. 4: 821–856.
   Web of Science ®Google Scholar
• Auer, R., and A. Mehrotra. 2014. “Real Globalization and Price Spillovers in Asia and the Pacific.” BIS Working Papers No. 77.
   Google Scholar
• Badinger, H. 2009. “Globalization, The Output-Inflation Tradeoff and Inflation.” European Economic Review 53, no. 8: 888–907.
   Web of Science ®Google Scholar
• Bank for International Settlements (BIS). 2005. 75th Annual Report 2005, Basel: BIS, June.
   Google Scholar
• Borio, C., and A. Filardo. 2007. “Globalization and Inflation: New Cross–Country Evidence on the Global Determinants of Domestic Inflation.” Working Paper no. 227, Bank of International Settlement.
   Google Scholar
• Calvo, G. 1983. “Staggered Prices in a Utility-Maximizing Framework.” Journal of Monetary Economics12, no. 3: 383–398.
   Web of Science ®Google Scholar
• Calza, A. 2009. “Globalization, Domestic Inflation and Global Output Gaps: Evidence from the Euro Area.” International Finance 12, no. 3: 301–320.
   Web of Science ®Google Scholar
• Gali, J., and M. Gertler. 1999. “Inflation Dynamics: A Structural Econometric Analysis.” Journal of Monetary Economics 44, no. 2: 195–222.
   Web of Science ®Google Scholar
• Gali, J., and T. Monacelli. 2005. “Monetary Policy and Exchange Rate Volatility in a Small Open Economy.” Review of Economic Studies 72, no. 3: 707–734.
   Web of Science ®Google Scholar
• Godfrey, L. 1994. “Testing for Serial Correlation by Variable Addition in Dynamic Models Estimated by Instrumental Variables.” The Review of Economics and Statistics 76, no. 3: 550–559.
   Web of Science ®Google Scholar
• Hansen, B. 1997. “Approximate Asymptotic p Values for Structural Change Tests.” Journal of Business and Economic Statistics 15, no. 1: 60–80.
   Web of Science ®Google Scholar
• Hansen, L. 1982. “Large Sample Properties of Generalized Method of Moments Estimators.” Econometrica 50, no. 4: 1029–1054.
   Web of Science ®Google Scholar
• Helbling, T.; F. Jaumotte; and M. Sorence. 2006. “How Has Globalization Affected Inflation.” IMF World Economic Outlook, Chapter 3, 97–134.
   Google Scholar
• Hirakata, N.; I. Yuto; and K. Masahiro. 2014. “Emerging Economies’ Supply Shocks and Japan’s Price Deflation: International Transmissions in a Three-Country DSGE Model.” ADBI Working Paper Series No. 459.
   Google Scholar
• Holz, C., and A. Mehrotra. 2013. “Wage and Price Dynamics in a Large Emerging Economy: The Case of China.” BIS Working Paper Series No. 409.
   Google Scholar
• Ihrig, J.; S. Kamin; D. Lindner; and J. Marquez. 2010. “Some Simple Tests of the Globalization and Inflation Hypothesis.” International Finance 13, no. 3: 343–375.
   Web of Science ®Google Scholar
• Kamin, S.; M. Marazzi; and J. Schindler. 2006. “Is China Exporting Deflation?” Review of International Economics 14, no. 2: 179–201.
   Google Scholar
• Milani, F. 2010. “Global Slack and Domestic Inflation Rates: A Structural Investigation for G-7 Countries.” Journal of Macroeconomics 32, no. 4: 968–981.
   Web of Science ®Google Scholar
• Mishkin, F. 2006. The Next Great Globalization. Princeton, NJ: Princeton University Press.
   Google Scholar
• Pagan, A. 1984. “Econometric Issues in the Analysis of Regressions with Generated Regressors.” International Economic Review 25, no. 1: 221–247.
   Web of Science ®Google Scholar
• Pain, N.; K. Isabell; and M. Sollie. 2006. “Globalization and Inflation in OECD Economies.” Working Paper Series No. 524, OECD Economics Department.
   Google Scholar
• Stock, J., and M. Yogo. 2003. “Testing for Weak Instruments in Linear IV Regression.” NBER Technical Working Paper No. 0284.
   Google Scholar
• Temple, J. 2002. “Openness, Inflation, and The Phillips Curve: A Puzzle.” Journal of Money, Credit and Banking 34, no. 2: 450–468.
   Web of Science ®Google Scholar
• Wang, P., and Z. Yu. 2014. “China’s Outward Foreign Direct Investment: The Role of Natural Resources and Technology.” Economic and Political Studies 2, no. 2: 89–120.
   Google Scholar
• Woodford, M. 2003. Interest and Prices: Foundations of a Theory of Monetary Policy. Princeton, NJ: Princeton University Press.
   Google Scholar
• Yi, G. 2008. “Renminbi Exchange Rates and Relevant Institutional Factors.” Cato Journal 28, no. 2: 187–196.
   Google Scholar
• Zhang, C., and J. Clovis. 2010. “The New Keynesian Phillips Curve of Rational Expectations: A Serial Correlation Extension.” Journal of Applied Economics 13, no. 1: 159–179.
   Web of Science ®Google Scholar
• Zhang C.; D. Osborn; and D. Kim. 2008. “The New Keynesian Phillips Curve: From Sticky Inflation to Sticky Prices.” Journal of Money, Credit and Banking 40, no. 4: 667–699.
   Web of Science ®Google Scholar