Chenpei Hu
Biographic Data
| ID | 7543718 |
|---|---|
| NAME | Chenpei Hu |
| GIVEN NAMES | Chenpei |
| FAMILY NAME | Hu |
| SIGNATURE | HU C |
| AFFILIATIONS | National Bureau of Statistics, International Statistical Information Center, Beijing, China |
| VERIFIED | No |
| TOTAL WORKS | 2 |
| TOTAL CITATIONS | 0 |
| WORKS AS AUTHOR | 2 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2021 |
| LATEST PUBLICATION YEAR | 2022 |
| H-INDEX | 0 |
Uncertainty shocks and monetary policy
Growth in China’s economy is driven by the troika: consumption, investment and export. This paper examines the effect of uncertain events such as the global financial crisis in 2008, and the COVID-19 pandemic on the troika. Based on the construction of a new uncertainty index of China’s economy, the relationship between uncertainty and growth in the troika is examined by using a TVP-VAR model. Results show that fluctuations in the uncertainty ind…
The level effect and volatility effect of uncertainty shocks in China
Previous studies have assumed that the volatility of exogenous shocks is constant, which can only measure the level effects of uncertain shocks. This article introduces the time-varying volatility model into a Dynamic Stochastic General Equilibrium (D.S.G.E.) model and uses the third-order perturbation method to identify and decompose the level and volatility effects of uncertainty shocks. Based on the results of empirical research in China, the …
No prominent works on this page.
The level effect and volatility effect of uncertainty shocks in China
Previous studies have assumed that the volatility of exogenous shocks is constant, which can only measure the level effects of uncertain shocks. This article introduces the time-varying volatility model into a Dynamic Stochastic General Equilibrium (D.S.G.E.) model and uses the third-order perturbation method to identify and decompose the level and volatility effects of uncertainty shocks. Based on the results of empirical research in China, the …
Uncertainty shocks and monetary policy
Growth in China’s economy is driven by the troika: consumption, investment and export. This paper examines the effect of uncertain events such as the global financial crisis in 2008, and the COVID-19 pandemic on the troika. Based on the construction of a new uncertainty index of China’s economy, the relationship between uncertainty and growth in the troika is examined by using a TVP-VAR model. Results show that fluctuations in the uncertainty ind…
Economics (2 works) · Energy, Environment, Economic Growth (2 works) · Market Dynamics and Volatility (2 works) · Monetary economics (2 works) · Monetary Policy and Economic Impact (2 works) · China (1 work) · Econometrics (1 work) · Financial crisis (1 work) · Geography (1 work) · International economics (1 work)