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Intro -- Contents -- I. INTRODUCTION -- II. THEORETICAL UNDERPINNINGS -- III. EMPIRICAL RESULTS -- A. A Simple Model of Inflation -- B. VAR Models -- C. Variable Coefficient Models -- D. Using Subcomponents of CPI -- IV. CONCLUSIONS -- References.
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China and Hong Kong SAR during the subprime crisis. Using both univariate and multivariate GARCH models, this paper finds … that China's stock market is not immune to the financial crisis, as evidenced by the price and volatility spillovers from … the United States than China's returns, and past volatility shocks in the United States have a more persistent effec …
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