Wang, Panpan; Ho, Tsungwu; Liu, Xiaoxing; Wu, Sixu - In: Borsa Istanbul Review 23 (2023) 5, pp. 1098-1110
We employ a threshold vector error correction model approach to investigate the impact of China's exchange rate marketization reform in August 2015 on the linkage between renminbi (RMB) onshore (CNY) and offshore (CNH) exchange rates and the impact of post-reform policy interventions by the...