this paper, we examine how inflation rates in two small open economies, namely Hong Kong and Singapore, interact with those … model is used to study the inflation dynamics. It is found that Hong Kong and Singapore inflation rates, but not the U ….S. one, respond to the error correction term. Compared with Singapore, the Hong Kong inflation rate is more responsive to U …

contracts. The implications of these results for hedging and forecasting crude oil spot prices are also discussed …

This paper exploits the homogeneity feature of the Singapore private residential condominium market and constructs …

parameter without compromising the estimation of the remaining parameters of the model. An empirical illustration of our maximum …

adaptive estimation methods with flexible error distributions to account for possible skewness and leptokurtosis in the …