variable. In evaluating the out-of-sample forecast performance using both mean-squared forecast error and direction of change … VECM-based range forecasts, on the other hand, do not always dominate the forecast rankings depend on the choice of … evaluation criterion and the variables being forecasted. -- Daily high ; daily low ; VECM model ; forecast performance ; implied …

variable. In evaluating the out-of-sample forecast performance using both mean-squared forecast error and direction of change … VECM-based range forecasts, on the other hand, do not always dominate - the forecast rankings depend on the choice of …

We study China's illicit capital flow and document a change in its pattern. Specifically, we observe that China … trade frictions. Our study confirms that China's capital flight pattern and its determinants are affected by the crisis … capital flight. These results highlight the challenges of managing China's capital flight, which requires information on the …

We analyze current account imbalances through the lens of the two largest surplus countries; China and Germany. We … observe two striking patterns visible since the 2007/8 Global Financial Crisis. First, while China has been gradually reducing … these two countries, there is a remarkable reversal in the patterns of exchange rate misalignment: China’s currency has …