Xu, Xiangyun; Wu, Songyang; Wu, Ye - In: China Finance Review International 5 (2015), pp. 34-52
Purpose–The purpose of this paper is to analyze the “following” behavior of six currencies in East Asia to RMB before and after the “financial crisis”. Design/methodology/approach -Using foreign exchange spot rate data from 2005 to 2013, the authors investigate the dynamic relationship...