Li, Mingming; Qin, Fengming; Zhang, Zhaoyong - In: Journal of risk and financial management : JRFM 14 (2021) 5, pp. 1-15
This paper intended to employ a portfolio approach to assess the effect of exchange rate expectation on Chinese RMB internationalization and empirically test the interactive effects among short-term capital flows, RMB appreciation expectation and the internationalization process using a VAR...
