empirical results demonstrate that the renminbi non-deliverable forward (NDF) has been a driver of various Asian currency …This paper uses multivariate GARCH techniques to study volatility spillovers between the Chinese non …

On 21 July 2005 China adopted an undisclosed basket exchange rate regime. We formally assess and envisage the gradual … evolution of the renminbi over time. We utilize nonlinear dependencies in the renminbi exchange rate and describe the smooth … transition of the renminbi/U.S. dollar (RMB/USD) exchange rate using the family of time-varying autoregressive (TV-AR) models …

displays considerable persistence. Our analysis provides evidence that the knock-on effects from China´s U.S. dollar future …

Given that the value of China’s currency has been hot topic recently, this paper explores the equilibrium levels of … China’s real and nominal exchange rates. Employing a Johansen cointegration framework, we focus on the behavioral … renminbi is somewhat undervalued against the dollar, the misalignment is not nearly as exaggerated as many popular claims. …

There have been profound changes in both political and economic institutions in China over the last twenty years … panel data for the Chinese provinces to study the role of legal institutions, financial deepening and political pluralism on …

two emerging stock markets - Russia and China, because of their unique characteristics and performance in the past years … markets, both the Chinese A- and B-share markets continued to move largely independently from global movements and only …

We present a new composite leading indicator of economic activity in mainland China, es-timated using a dynamic factor … indicator is then incorporated into out-of-sample one-step-ahead forecasts of Chinese GDP growth. Recursive out … provides an appropriate tool for forecasting Chinese business conditions. …

Two recent phenomena have transformed the nature of world trade: the explosive growth of Chinese trade, and the growth … much of the growth and unique features of Chinese trade, few papers have quantitatively assessed these two phenomena … together. In part, this is because it is difficult to measure just how vertically specialized Chinese trade is. The unique …

stability in mainland China. We examine whether excess money relative to rulebased values provides information that improves the … Chinese monetary base has tracked the McCallum rule quite closely. Moreover, results using a structural vector autoregression … suggest that our measure of excess money supply could be used to identify monetary policy shocks in the Chinese economy. …

In January 2008, China adopted a new labour contract law. This new law represents the most significant reform to the … legislation on employment relations in mainland China in more than a decade. The paper provides a theoretical framework on the … demonstrates that the Labour Contract Law in its own right will have only small impacts upon employment in the fast-growing Chinese …