Modeling china stock markets and international linkages

Hong Kong Institute for Monetary Research. Dynamics of Market Anomalies and Measurement Errors of Risk-free Interest Rates. Land Share, Mortgage Default, and Loan-to-Value Ratio as a Macro-Prudential Policy Tool. To Guide or not to Guide? Quantitative Monetary Policy Tools and Macroeconomic Dynamics in China.

The RMB Central Parity Formation Mechanism after August Exchange Rate Movements and Fundamentals: Chow and Matthew S. Credit Default Swaps, Exacting Creditors and Corporate Liquidity Management.

Effects of Monetary Policy Shocks on Exchange Rate in Emerging Countries. Dynamic interactions between government bonds and exchange rate expectations in currency options. How Do Housing Purchase Limits Affect Firm Default Risks in Mainland China? The Diffusion and Dynamics of Producer Prices, Deflationary Pressure Across Asian Countries, and the Role of China.

Findings from the Triennial Central Bank Survey. Yiu and Yin-Wong CHEUNG Research Fellow. A New Approach to the Estimation of Equilibrium Real Exchange Rates among East-Asian Economies. International Banking and Cross-border Effects of Regulation: Lessons from Hong Kong. Pricing Corporate Bonds With Interest Rates Following Double Square-root Process. The Impact of US Monetary Policy and Other External Shocks on the Hong Kong Economy: A Factor-augmented VAR Approach.

Exchange Rate Dynamics and US Dollar-denominated Sovereign Bond Prices in Emerging Markets. Andrew Karolyi, David NG Research Fellow and Eswar S. Capital Controls and Monetary Policy in Sudden-Stop Economies. DEVEREUX Research FellowEric YOUNG Research Fellow and Changhua YU Research Fellow. Roache and Marina Rousset. Accounting for Sovereign Tail Risk in Emerging Economies: The Role of Global and Domestic Risk Factors.

Fundamentals and the Volatility of Real Estate Prices in China: A Sequential Modelling Strategy. Term-Structure Modelling at the Zero Lower Bound: Implications for Estimating the Term Premium.

Effectiveness of Loan-To-Value Ratio Policy and Its Transmission Mechanism — Empirical Evidence from Hong Kong. Measuring Contagion-Induced Funding Liquidity Risk in Sovereign Debt Markets. Dang and Jennifer LAI Research Fellow. Yiu and Sahminan Sahminan. How Might Sovereign Bond Yields in Asia Pacific React to US Monetary Normalisation under Turbulent Market Conditions? Monetary Policy Transmission in China: A DSGE Model with Parallel Shadow Banking and Interest Rate Control.

A De Jure and a Hybrid Index Data Set. Corporate Leverage in China: Why has It Increased Fast in Recent Years and Where do the Risks Lie? The International Transmission of U. New Evidence from Trade Data. The Domestic Segment of Global Supply Chains in China under State Capitalism. Capital Management and Leverage of Foreign Bank Subsidiaries in a Host Country: A Case in Hong Kong. The International Transmission of Shocks: Foreign Bank Branches in Hong Kong during Crises.

KWAN Research FellowEric T. Wong and Cho-hoi Hui.

Page not found - Rexburg HousingRexburg Housing

The Internationalisation of the Renminbi as an Investing and a Funding Currency: The Local Government Crisis Network Effects in Currency Internationalisation: Insights from BIS Triennial Surveys and Implications for the Renminbi. Financial Crisis, Unconventional Monetary Policy and International Spillovers.

Implications of Liquidity Management of Global Banks for Host Countries — Evidence from Foreign Bank Branches in Hong Kong. Debt Deleveraging and the Zero Bound: Potentially Perverse Effects of Real Exchange Rate Movements. Assessing the Effectiveness of Date-Based Forward Guidance at the Zero Lower Bound with a Non-Gaussian Affine Term-Structure Model. Unconventional Monetary Policy Shocks and the Spillovers to Emerging Markets.

HOUSTON Research FellowChen LIN Research Fellow and Junbo WANG Research Fellow. A Trend and Cycle Analysis. The Dragon is Flying West: Micro-Level Evidence of Chinese Outward Direct Investment. Sovereign Credit Ratings, Transparency and International Portfolio Flows. How Strong are the Linkages between Real Estate and Other Sectors in China?

One Currency, Two Markets: Invoicing Currency in International Trade: An Empirical Investigation and Some Implications for the Renminbi. Finding Stability in a Time of Crisis: Lessons of East Asia for Eastern Europe. Multiproduct Firms, Export Product Scope, and Trade Liberalization: The Role of Managerial Efficiency.

The Role of Foreign Banks in Monetary Policy Transmission: Evidence from Asia during the Crisis of Chinese Political and Economic Governance System and the Imbalance between Consumption and Investment. Robust Control, Informational Frictions, and International Consumption Correlations. International Trade Price Stickiness and Exchange Rate Pass-Through in Micro Data: A Case Study on US-China Trade.

CEO Option Compensation, Risk-Taking Incentives, and Systemic Risk in the Banking Industry. Ma and Frank M. Monetary Policy and Bank Lending in China — Evidence from Loan-Level Data.

Transmitting Global Liquidity to East Asia: Policy Rates, Bond Yields, Currencies and Dollar Credit. Balanced-Budget Rules and Aggregate Instability: The Role of Consumption Taxes in a Monetary Economy.

Multinational Banking and Financial Contagion: Evidence from Foreign Bank Subsidiaries. Money Markets not only Listen, They also Understand. Rental Adjustment and Housing Prices: Investment and Asset Growth of Asian Firms: Evidence for Financial Resilience in the Recent Financial Crisis. Evidence from the Qualified Domestic Institutional Investor Scheme. Does the Tail Wag the Dog?

The Effect of Credit Default Swaps on Credit Risk. Subrahmanyam, Dragon Yongjun TANG Research Fellow and Sarah Qian Wang. A Quasi-Bounded Target Zone Model — Theory and Application to Hong Kong Dollar. The Effect of Commodity Price Shocks on Underlying Inflation: The Role of Central Bank Credibility. Factor Intensity, Product Switching, and Productivity: Evidence from Chinese Exporters.

Determinants and Dynamics of Price Disparity in Onshore and Offshore Renminbi Forward Exchange Rate Markets. Hong Kong Inflation Dynamics: Trend and Cycle Relationships with the U.

MARK Research FellowDonggyu Sul and Jyh-Lin Wu. The Chinese Corporate Savings Puzzle: A Firm-Level Cross-Country Perspective. Estimating Option-Implied Correlation between iTraxx Europe Financial and Corporate Sub-Indexes. Houston, Chen LIN Research Fellow and Yue MA Research Fellow.

Firm Survival and Financial Development: Evidence from a Panel of Emerging Asian Economies. Empirical Analysis on the Effects of Exchange Rate Shocks in China and Japan. How Important are Foreign Ownership Linkages for International Stock Returns? Bartram, John Griffin and David NG Research Fellow. Agency, Uncertainty, Leverage and the Panic of The Conflict between Local Autonomy, National Interest and Financial Reforms.

Detecting Bubbles in the Hong Kong Residential Property Market: Yiu and Lu Jin. The Effect of Capital Flow Management Measures in Five Asian Economies on the Foreign Exchange Market. Information Flow between Sovereign CDS and Dollar-Yen Currency Option Markets in the Sovereign Debt Crisis of Exchange Rates and the Margins of Trade: International Capital Flows During the Global Financial Crisis.

The Cross-Section of Country News, Decoupling Expectations, and Global Business Cycles. Explaining Share Price Disparity with Parameter Uncertainty: Evidence from Chinese A- and H-Shares. Give Credit where Credit is Due: Tracing Value Added in Global Production Chains. Equity Prices and Equity Flows: Testing Theory of the Information-Efficiency Tradeoff.

Anchoring and Loss Aversion in the Housing Market: Implications on Price Dynamics. The Implementation of Monetary Policy in China: The Interbank Market and Bank Lending. Interactions between Chinese, US and Asia-Pacific Equity Markets, Burdekin and Pierre SIKLOS Research Fellow. Specification Sensitivities in Right-Tailed Unit Root Testing for Financial Bubbles. Phillips and Jun YU Research Fellow.

Can Anchoring and Loss Aversion Explain the Predictability in the Housing Market? What Drives Urban Consumption in Mainland China? The Role of Property Price Dynamics. Do Short Selling Restrictions Destabilize Stock Markets?

China's Stock Market Collapse Explained

Bohl, Badye Essid and Pierre SIKLOS Research Fellow. Risk Management and Managerial Efficiency in Chinese Banks: A Network DEA Framework. How Different are FDI and FPI Flows?: Does Distance Alter the Composition of Capital Flows? The Fragility of Discretionary Liquidity Provision: Lessons from the Collapse of the Auction Rate Securities Market. Information Content of Economic and Financial Data.

Yiu and Kenneth K. Effects of Liquidity on the Nondefault Component of Corporate Yield Spreads: Evidence from Intraday Transactions Data.

Yiu and Wai-Yip Alex. Liquidity Crunch in Late High-Frequency Differentials between Forward-Implied Funding Costs and Money Market Rates. YiuJoseph FUNG Research FellowLu Jin and Wai-Yip Alex Ho. The Risk of Sudden Depreciation of the Euro in the Sovereign Debt Crisis of Chinn and Eiji Fujii. What Makes It so Volatile? Theory and Evidence from OECD Countries.

Accumulation of Reserves and Keeping Up with the Joneses: The Case of LATAM Economies. Human Capital, Endogenous Information Acquisition, and Home Bias in Financial Markets. What Effect Nigeria stock exchange market daily price list Bond Market Development in Emerging Asia Had on the Issuance of Corporate Bonds? Capital Inflows and Liquidity Crunch during a Global Economic Crisis.

Where to Find Positive Productivity Spillovers from FDI in China: DEVEREUX Research Fellow and James YETMAN Research Fellow. The Role of Human Capital in Imperfectly Informed International Financial Markets. Goldberg and Cedric TILLE Research Fellow.

The Determinants of Vertical Integration in Export Processing: Theory and Evidence from China. Information Content of Order Flow and Cross-market Portfolio Rebalancing: Evidence for the Chinese Stock, Treasury and Corporate Bond Markets.

The Financial Crisis and Sizable International Reserves Depletion: Explaining Big Swings in the Hong Kong Economy between and Cheng and Michael SALEMI Research Fellow. The Role of Financial Variables. Initial Day Return and Underpricing Cost in Advance Payment Initial Public Offerings. Discriminatory Power and Predictions of Defaults of Structural Credit Risk Models.

Fatal Decisions — Four Case Studies in Financial Regulation. PARSLEY Research Fellow and Helen POPPER Research Fellow. On the Unstable Relationship between Exchange Rates and Macroeconomic Fundamentals.

Bank Competition and International Financial How do i earn cash on points2shop Evidence Using a New Index.

The Empirical Relation between Credit Quality, Recovery, and Correlation. A Multiple-Horizon Search for the Role of Trade and Financial Factors in Bilateral Real Exchange Rate Volatility.

Strict and Flexible Inflation Forecast Targets: Renminbi as an International Currency: Potential and Policy Considerations. Honor Thy Creditors Beforan Thy Shareholders: Are the Profits of Chinese State-Owned Enterprises Real? The Value of Making Commitments Externally: Evidence from WTO Accessions. A Factor Analysis of Trade Integration: The Case of Asian and Oceanic Economies. Does a Flexible Exchange Rate Regime Really Facilitate Current Account Adjustment?

Chinn and Shang-jin WEI Research Fellow. Volatility Dependence across Asia-Pacific Onshore and Offshore Currency Forwards Markets. Disconnect and Information Content of International Capital Flows: DEVEREUX Research Fellow and Alan Sutherland. Corruption and Cross-Border Investment in Emerging Markets: Javorcik and Shang-jin WEI Research Fellow.

Insider Trading in Hong Kong: Tests of Stock Returns and Make money on etoro Frequency. Leung and Oliver RUI Research Fellow. The Evolution of the Hong Kong Currency Board During Global Exchange Rate Instability: Evidence from the Exchange Fund Advisory Committee A New Open Economy Macroeconomics Interpretation.

Double Signals or Single Signal? An Investigation of Insider Trading Around Share Repurchases. Does the DiPasquale-Wheaton Model Explain the House Price Dynamics in China Cities? Yiu, Charles Ka Yui Leung and Dickson C. Determinants of Emerging Market Spreads: Domestic, Global Factors, and Volatility. Credit Losses in Economic Downturns - Empirical Evidence for Hong Kong Mortgage Loans. Evidence on the External Finance Premium from the US and Emerging Asian Corporate Bond Markets.

Are All Measures of International Reserves Created Equal? An Empirical Comparison of International Reserve Ratios. Environmental Factors Affecting Hong Kong Banking: A Post-Asian Financial Crisis Efficiency Analysis. Kenjegalieva and Richard SIMPER Research Fellow. FX Arbitrage and Market Liquidity: Statistical Significance and Economic Value. Hoarding of International Reserves: A Comparison of the Asian and Latin American Experiences.

Evaluating Foreign Exchange Market Intervention: Self-selection, Counterfactuals and Average Treatment Effects. The External Wealth of China: An Investigation from the International Balance Sheet Perspective.

Deregulation, Competition and Consumer Welfare in Banking Market: Evidence from Hong Kong. Flattened Inflation-Output Tradeoff and Enhanced Anti-Inflation Policy as an Equilibrium Outcome of Globalization.

Explosive Behavior and the Nasdaq Bubble in the s: When Did Irrational Exuberance Escalate Asset Values? Phillips, Yangru WU Research Fellow and Jun YU Research Fellow. Volatility in International Financial Market Issuance: The Role of work from home telephone interviewer Financial Center. Managing the Monetary Consequences of Reserve Accumulation in Emerging Asia.

Ouyang, Ramkishen RAJAN Research Fellow and Tom Willett. Long-run and Cyclic Movements in the Unemployment Rate in Hong Kong: A Dynamic, General Equilibrium Approach. Aspects, Models and Measures for Assessing the Competitiveness of International Financial Calculate swap rates forex in a Particular Location.

An Evaluation of the Intermediation Role of Hong Kong in Chinese Foreign Trade. Mrs Machlup's Wardrobe and the Joneses. CHINN and Eiji FUJII. China as a Reserve Sink: The Evidence from Offset and Sterilization Coefficients. Ouyang, Ramkishen RAJAN Research Fellow and Thomas D. Nominal Exchange Rate Flexibility and Real Exchange Rate Adjustment: New Evidence from Dual Exchange Rates in Developing Countries.

An Open Economy Model of the Credit Channel Applied to Four Asian Economies. DEVEREUX Research Fellow and Charles ENGEL Research Fellow. The Property Market and the Macroeconomy of the Mainland: A Cross Region Study. TAM and Matthew S. The Illusion of Precision and the Role of the Renminbi in Regional Integration. DEVEREUX Research Fellow and Hans GENBERG Research Fellow. The Impact of Economic Growth and Government Policies on Hong Kong's 'Chinese' Banks, Exchange-Rate Arrangements and Financial Integration in East Asia: On a Collision Course?

Modeling china stock markets and international linkages Operation of the Moratorium on New Bank Licenses on the Hong Kong banking system DEVEREUX Research Fellow and Makoto SAITO.

Predictability in Financial Markets: What Do Survey Expectations Tell Us? The Origins of Anti-Competitive Regulation: Was Hong Kong 'over-banked' in the s?

Policy-making in Hong Kongwith special reference to Economic and Financial Management. Terms-of-Trade Changes, Real GDP, and Real Value Added in the Open Economy: Reassessing Hong Kong's Growth Performance. A Reappraisal of the Border Effect on Relative Price Volatility. Renminbi Revaluation, Euro Appreciation and Chinese Markets: What Can We Learn From Data? Do Investors Really Value Corporate Governance? Evidence from the Hong Kong Market. The Information Content of Option Implied Volatility Surrounding the Hong Kong Stock Market Crash.

Cross-Country Relative Price Volatility: Effects of Market Structure. Macroeconomic Volatility, Debt Dynamics, and Sovereign Interest Rate Spreads. The Impact on IPO Performance of More Stringent Listing Rules with a Pre-listing Earnings Requirement: Equity Valuation in Mainland China and Hong Kong: The Chinese A-H Share Premium.

Empirical Exchange Rate Models of the Nineties: Are Any Fit to Survive? CHINN and Antonio GARCIA-PASCUAL. Corporate Finance Under Low Interest Rates: US Monetary Policy Announcements and the Term Structure of Interest Rate Differentials: Evidence from Hong Kong and Singapore. Real Exchange Rate Stabilization: Competing Objectives for Crytek stock market Rate Policy.

The Chinese Economies in Global Context: The Integration Process and Its Determinants. External Shocks, Transmission Mechanisms and Deflation in Asia. Evaluation of Exchange-Rate, Capital-Market, and Dollarization Regimes in the Presence of Sudden Stops.

Optimal Transaction Filters under Transitory Trading Opportunities: Theory and Empirical Illustration. BALVERS and Yangru WU Research Fellow. The Impact of Macroeconomic and Regulatory Factors on Bank Efficiency: A Non-Parametric Analysis of Hong Kong's Banking System. 777 binary option robot broker Trading, Mean Reversal and Overreaction in Chinese Stock Market.

DEVEREUX Research Fellow and Graham VOSS Research Fellow. Deflationary Dynamics in Hong Kong: Evidence from Linear and Neural Network Regime Switching Models.

Application of a Modified TAR Model to CIP deviations in Asian Data.

Modeling the Taiwan Stock Market and International Linkages - Semantic Scholar

Inflation Inertia - The Role of Multiple, Interacting Pricing Rigidities. Hong Kong's Exchange Rate Regimes in the Twentieth Century: The Story of Three Regime Changes. A Dynamic Factor Model for Current-Quarter Estimates of Economic Activity in Hong Kong.

Reforms to Strengthen Asia's Debt Capital Markets. On the Relationship between Pass-through and Sticky Nominal Prices. Tunneling, Propping and Expropriation: Evidence from Connected Party Transactions in Hong Kong.

Reputation, Fixed Exchange Rates, and the 'Original Sin' Problem. The Magic how does forex market works the Exchange Rate: Optimal Escape from a Liquidity Trap in Small and Large Open Economies. A Comparison of US and Hong Kong Cap-Floor Volatility Dynamics. The Impact of Short Selling on the Price-Volume Relationship: Macroeconomics of the Franco-Prussian War Indemnity.

DEVEREUX Research Fellow and Gregor W. The Relationship between Consumption, Income and Wealth in Hong Kong. Wage-Price Dynamics, the Labour Market and Deflation in Hong Kong.

Binary options trading account uk Stabilizing or Deflationary Influence in East Asia? The Problem of Conflicted Virtue. Growth and Convergence in a Two-region Model: The Hypothetical Case of Korean Unification. Asia's Debt Capital Markets: Appraisal and Agenda for Policy Reform. Foreign versus domestic factors as source of macroeconomic fluctuations in Hong Kong.

Intervention in the Foreign Exchange Market in a Model with Noise Traders. China, Hong Kong, and Taiwan: A Quantitative Assessment of Real and Financial Integration. Ownership concentration and executive compensation in closely held firms: The East Asian Dollar Standard, Fear of Floating, and Original Sin.

Dissecting the PPP Puzzle: The Unconventional Roles of Nominal Exchange Rate and Price Adjustments. LAI and Michael BERGMAN.

East Asian Equity Markets, Financial Crises, and the Japanese Currency. Inflation in Hong Kong, SAR - In Search of a Transmission Mechanism. Price Setting and Exchange Rate Pass-through: Endogenous Exchange Rate Pass-Through when Nominal Prices are Set in Advance. DEVEREUX Research FellowCharles ENGEL Research Fellow and Peter Ejler STORGAARD. Signaling versus Commitment Strengthening: Exchange Rate Insurance against Currency Attacks.

Foreign Exchange Exposure and Exchange Rate Arrangements in East Asia. Optimum Currency Area for Mainland China and Hong Kong?

Hong Kong, Singapore and the East Asian Crisis: How Important were Trade Spillovers? Operating Performance of Banks among Asian Economies: An International and Time Series Comparison.

Stock Market Integration, Return Forecastability and Implications for Market Efficiency: YIU, Yak-yeow KUEH and Shu-ki TSANG Research Fellow. Banking Deregulation and Macroeconomic Impact in China: A Theoretical Analysis and Implications of WTO Accession to the Mainland and Hong Kong.

YIU and Shucheng LIU Research Fellow. A Model to Analyze the Macroeconomic Interdependence of Hong Kong with China and the United States. Unobservable-Component Estimates of Output Gaps in Five Asia Economies. One Reason Countries Pay Their Debts: Renegotiation and International Trade.

Monetary Policy in East Asia and Elsewhere: Does Targeting Inflation Require 'Inflation Targeting'? Financial Constraints and Exchange Rate Flexibility in Emerging Market Economies.

Interpreting the Term Structure of Interbank Rates in Hong Kong. Inflation Targeting in Emerging Market and Transition Economies: Lessons after a Decade. AMATO and Stefan GERLACH. International Risk-Sharing and the Exchange Rate: Re-evaluating the Case for Flexible Exchange Rates. Exchange Rate Pass -Through in a Small Open Economy: Panel Evidence from Hong Kong.

Growth and the Real Exchange Rate - Evidence from Eleven Countries. Persistence of Output Fluctuations under Alternative Exchange Rate Regimes. After the Crisis, the East Asian Dollar Standard Resurrected: An Interpretation of High Frequency Exchange Rate Pegging.

Currency Substitution between Hong Kong Dollar and Renminbi in South China. The Internationalisation of Hong Kong Dollar: Impact of Deposit Rate Deregulation in Hong Kong on the Market Value of Commercial Banks. A Simple Approach to the Costs and Benefits of a Single Currency Area. CHING Research Fellow and Michael B.

Risk Sharing and the Theory of Optimal Currency Areas: A Re-examination of Mundell Exchange Rates and Monetary Policy in Emerging Market Economies.

DEVEREUX Research Fellow and Philip R. The Transfer Problem Revisited: Net Foreign Assets and Real Exchange Rates. LANE and Gian Maria MILESI-FERRETTI. The Foreign Exchange Origins of Japan's Economic Slump and Low Interest Liquidity Trap. Monetary Policy in the Open Economy Revisited: Price Setting and Exchange Rate Flexibility. Exchange Rate Volatility and Macroeconomic Performance in Hong Kong.

Contagion Effects, Informational Effects, and Economic Fundamentals: An Analysis of Exchange Rate Dynamics During the Asian Currency Crisis. CHAN and Chor-yiu SIN. Deadline for visiting research fellowship applications. Getting to know Shanghai-Hong Kong Stock Connect Investor Education Centre of SFC.

Information about Shanghai-Hong Kong Stock Connect Hong Kong Exchanges and Clearing Limited. Hong Kong Institute for Monetary Research HKIMR is the external arm of research at the Hong Kong Monetary Authority HKMA more.

The Hong Kong Institute for Monetary Research All Rights Reserved. Risk-adjusted Covered Interest Parity: S1,pp. The Renminbi Central Parity: The Effectiveness of Monetary Policy in China: Where Do Emerging Market Investors Put Their Money? Do banks extract informational rents through collateral? The new title is "Term-structure modelling at the zero lower bound: Implications for estimating the forward term premium".

A Puzzle in U. What Measures Chinese Monetary Policy? International Asset Allocations and Capital Flows: Debt Markets in Emerging Economies: Does Bank Monitoring Matter to Bondholders? Full text is available from the authors upon request. Interest Rate Determination in China: Rental Rates under Housing Price Uncertainty: Asset Allocation and Monetary Policy: How Do Exporters Respond to Antidumping Investigations?

How have Labour Market Developments Affected Labour Costs in China? Evidence from foreign bank subsidiaries". Applications in Economics and Finance" Vol. Permanent and Transitory Relationships with the USA and China". What Makes the VIX Tick? Fan and Randall Morck. Innovation, Diffusion, and Trade: Capital Inflows and Asset Prices: A measure of spillover effect in European debt crisis". The web appendix for the journal version of this paper can be accessed by the following link: Sailing through this Storm?

Composition of International Capital Flows: The International Journal of Management Science, 41 Why are Saving Rates so High in China? What Does the Yield Curve Tell Us about Exchange Rate Predictability?

The new title is "Crash Risk of the Euro in the Sovereign Debt Crisis of ". Where Do We Stand? Economic Policy, 2 4 What are the Sources of Financing of the Chinese Firms? Market Liquidity and Funding Liquidity: What Drives China's Current Account? Bank Productivity in China Global Experiences and Implications for the Renminbi,Chapters 5 and Full text is not available for download due to copyright issue.

The new title is "House Market in Chinese Cities: Dynamic Modeling, In-Sampling Fitting and Out-of-Sample Forecasting". What Future for the Hong Kong Dollar Corporate Bond Market? The Open-Access, Open-Assessment E-Journal,2 The new title is "Covered Interest Arbitrage Profits: The Role of Liquidity and Credit Risk". Too Much for Self-Insurance? Are New Tigers Supplanting the Mammoths?

The new title is "Are New Tigers Supplanting Old Mammoths in China's Banking System? Evidence from a Sample of City Commercial Banks".

The new title is "Assessing the Competitiveness of International Financial Services in Particular Locations: A Survey of Methods and Perspectives". Is Sterilized Intervention Effective? Does the Chinese Interest Rate Follow the US Interest Rate? Why doesn't Asia have Bigger Bond Markets? A Dynamic Factor Model of Economic Activity in Hong Kong. Which Countries Export FDI, and How Much? Aggregate Supply, Investment in Capacity, and Potential Output.

Swap Curve Dynamics in Hong Kong: Testing for Output Convergence: Volume 54, Issue 8, Novemberpg. Economic Foundations of a New Alliance between China, Japan, and the United States, ed. Fung, Hiro Lee, and David Roland-Holst, Bank Lending and Property Prices: Common Elements or Different Models? Wage-Price Dynamics and Deflation in Hong Kong.

Current and Historical Perspective, Edited by Richard Burdekin and Pierre Siklos, Cambridge University Press. FDI Flows and Domestic Investment: Inflation Targeting in China? Do We Really Know that the WTO Increases Trade? From 'One Country, Two Systems' to Monetary Integration? The Full Convertibility of Renminbi: Liu, Z Zhao, and Y Ma, Beijing: Social Sciences Documentation Publishing House, Augin both English and Chinese.

Does Insider Trading Raise Market Volatility? Estimating Output Gaps in Asia: Inflation Targeting - The Holy Grail of Monetary Policy?

Should the Exchange Rate be a Shock Absorber? Pricing in International Markets: PARSLEY Research Fellow Full Text Published in Journal of International Money and Finance,26 8: Monsters in Emerging Markets?

McKINNON Full Text Published in J. CHAN Research Fellow Full Text Published in Pacific Economic Review, 7 1, pp. CHAN Research Fellow Full Text.

Hong Kong Output Dynamics: KWAN Research Fellow Full Text Published in Journal of Banking and Finance, 27 12, pp. DEVEREUX Research Fellow Full Text Published in Review of International Economics, 11,pp.

DEVEREUX Research Fellow Full Text. LANE Full Text Published in The Economic Journal, LANE and Gian Maria MILESI-FERRETTI Full Text Published in Review of Economics and Statistics, 86 4, pp. DEVEREUX Research Fellow and Charles ENGEL Research Fellow Full Text Published in Review of Economic Studies, 70,pp. CHAN and Chor-yiu SIN Full Text Exchange Rate Stability and Currency Board Economics Conference, Baptist University, Hong Kong, November Banking and Currency Crises: How Common Are the Twins?