Financial Distortions in China : A General Equilibrium Approach /
Widespread implicit guarantees and interest ceilings were major distortions in China's financial system, contributing to a misallocation of resources. We analyze the impact of removing such frictions in a general equilibrium setting. The results show that comprehensive reforms generate better o...
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| Andere auteurs: | , |
| Formaat: | Tijdschrift |
| Taal: | English |
| Gepubliceerd in: |
Washington, D.C. :
International Monetary Fund,
2015.
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| Reeks: | IMF Working Papers; Working Paper ;
No. 2015/274 |
| Online toegang: | Full text available on IMF |