Wissenschaftliche LiteraturEconomic Growth

Xu Wang

Modeling China‘s Economic Growth Path

A Dynamic Analysis of Pension and Tax Reforms

Studienreihe Volkswirtschaften der Welt

The fast economic growth of China in the last three decades has impressed economists around the globe. How did China succeed to keep a high growth rate in such a long period? Which costs and risks could the rapid development of China imply? How could the historical success be maintained in the foreseeable future? A…

Barbara Kleinert

Heterogeneity and Change in the Process of Economic Development

Schriftenreihe volkswirtschaftliche Forschungsergebnisse

This book provides a thorough analysis of the interaction of heterogeneous economic agents and the overall economy with respect to the dynamics of economic growth and development. As the diversity of individuals is the spice of social existence, heterogeneity is presumably a major driving force in market economies…

Michael Carlberg & Arne Hansen

Economic Analysis of a Great Recession

Schriftenreihe volkswirtschaftliche Forschungsergebnisse

Asset price bubbles refer to both real estate bubbles and stock market bubbles. The collapse of an asset price bubble means that asset prices go down while liabilities do not. As a result, millions of people have impaired balance sheets. Put another way, millions of people are in debt. In order to reduce their…

Xiaofan Yu

A Disaggregate Analysis of China‘s Regional Development

Schriftenreihe innovative betriebswirtschaftliche Forschung und Praxis

During the Chinese transitional period from a planned to a market economy, there were significant regional imbalances. On the one hand, we should admit that, given the vast size of China, regional disparities seem inevitable due to the unequal conditions seen historically; on the other hand, basing our judgment on…