| WP No.38 / 2009 |
The Financial Crisis and Sizable International Reserves Depletion: From ‘Fear of Floating’ to the ‘Fear of Losing International Reserves’?
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| WP No.37 / 2009 |
Feast and Famine: Explaining Big Swings in the Hong Kong Economy between 1981 and 2007
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| WP No.36 / 2009 |
Cross-border Mergers and Acquisitions (M&As) in Developing Asia: The Role of Financial Variables
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| WP No.35 / 2009 |
Initial Day Return and Underpricing Cost in Advance Payment Initial Public Offerings
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| WP No.34 / 2009 |
Discriminatory Power and Predictions of Defaults of Structural Credit Risk Models
by T. C. Wong, C. H. Hui and C. F. Lo
(Published in The Journal of Risk Model Validation, 3(4), Winter 2009/10: 39-60)
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| WP No.33 / 2009 |
The Global Crisis: Fatal Decisions – Four Case Studies in Financial Regulation
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| WP No.32 / 2009 |
The Global Crisis: Why Regulators Resist Reforms
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| WP No.31 / 2009 |
Currency Internationalisation: Analytical and Policy Issues
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| WP No.30 / 2009 |
Market Structure, Welfare, and Banking Reform in China
(Published in Journal of Comparative Economics, Volume 40, Issue 2, May 2012, Pages 291–313)
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| WP No.29 / 2009 |
Rational Cost Inefficiency in Chinese Banks
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| WP No.28 / 2009 |
Evaluating Exchange Rate Management An Application to Korea
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| WP No.27 / 2009 |
On the Unstable Relationship between Exchange Rates and Macroeconomic Fundamentals
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| WP No.26 / 2009 |
Lessons for China from Financial Liberalization in Scandinavia
(Revised version is forthcoming in Asian Economic Papers, Winter 2014, Vol. 13, No. 1, Pages 1-44)
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| WP No.25 / 2009 |
Bank Productivity in China 1997-2007: An Exercise in Measurement
(Published in China Economic Review, 2010, 21: 617-628)
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| WP No.24 / 2009 |
Bank Competition and International Financial Integration: Evidence Using a New Index
by Gurnain Kaur Pasricha
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| WP No.23 / 2009 |
Structural Change and Counterfactual Inflation-Targeting in Hong Kong
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| WP No.22 / 2009 |
The Empirical Relation between Credit Quality, Recovery, and Correlation
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| WP No.21 / 2009 |
A Multiple-Horizon Search for the Role of Trade and Financial Factors in Bilateral Real Exchange Rate Volatility
(Published in Journal of Economics and Management, 5(2), 2009, pages: 187-218)
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| WP No.20 / 2009 |
Strict and Flexible Inflation Forecast Targets: An Empirical Investigation
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| WP No.19 / 2009 |
Revisiting the Shocking Aspects of Asian Monetary Unification
(Published in Journal of Asian Economics, 2010, vol. 21(5), pages 445-455, October)
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| WP No.18 / 2009 |
Renminbi as an International Currency: Potential and Policy Considerations
(Published in Currency Internationalization: Global Experiences and Implications for the Renminbi, 2010, Chapters 5 and 10. Full text is not available for download due to copyright issue. http://www.palgrave.com/products/title.aspx?PID=350575 )
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| WP No.17 / 2009 |
The Empirics of China’s Outward Direct Investment
(Published in Pacific Economic Review, 2009, 14(3): 312-341)
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| WP No.16 / 2009 |
Honor Thy Creditors Beforan Thy Shareholders: Are the Profits of Chinese State-Owned Enterprises Real?
(Published in Asian Economic Papers, Fall 2010, Vol. 9, No. 3: 50–71)
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| WP No.15 / 2009 |
The Value of Making Commitments Externally: Evidence from WTO Accessions
(Published in the Journal of International Economics, 2009, 78(2): 216-229)
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| WP No.14 / 2009 |
China’s Current Account and Exchange Rate
(Published in China's Growing Role in World Trade, March 2010, p.231-271)
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| WP No.13 / 2009 |
A Factor Analysis of Trade Integration: The Case of Asian and Oceanic Economies
(Published in Economie Internationale, 119, (2009), p. 5 - 23)
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| WP No.12 / 2009 |
A Faith-based Initiative: Does a Flexible Exchange Rate Regime Really Facilitate Current Account Adjustment?
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| WP No.11 / 2009 |
Volatility Dependence across Asia-Pacific Onshore and Offshore Currency Forwards Markets
(Published in the Journal of Asian Economics, 20, 2009, 174–196)
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| WP No.10 / 2009 |
Disconnect and Information Content of International Capital Flows: Evidence and Theory
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| WP No.09 / 2009 |
Real Exchange Rate, Productivity and Labor Market Rigidities
(Published in Journal of International Money and Finance, 2011, 30: 587 - 603)
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| WP No.08 / 2009 |
A Portfolio Model of Capital Flows to Emerging Markets
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| WP No.07 / 2009 |
Speculative Attacks: A Laboratory Study in Continuous Time
(Published in the Journal of International Money and Finance, 2009, 28(6): 1064-1082)
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| WP No.06 / 2009 |
Corruption and Cross-Border Investment in Emerging Markets: Firm-Level Evidence
(Published in the Journal of International Money and Finance, 2009, 28(4): 605-624)
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| WP No.05 / 2009 |
Hong Kong Consumer Prices are Flexible
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| WP No.04 / 2009 |
Insider Trading in Hong Kong: Tests of Stock Returns and Trading Frequency
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| WP No.03 / 2009 |
A High-Low Model of Daily Stock Price Ranges
(Published in the Journal of Forecasting, 2009, 28(2): 103-119)
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| WP No.02 / 2009 |
The Evolution of the Hong Kong Currency Board During Global Exchange Rate Instability: Evidence from the Exchange Fund Advisory Committee 1967-1973 |
| WP No.01 / 2009 |
A Fragile Prosperity: Government Policy and the Management of Hong Kong’s Economic and Social Development
|