time series data and Benford's law using firm-product trade data between mainland China and Hong Kong support the …

One argument for floating the Chinese renminbi (RMB) is to insulate China's monetary policy from the US effect. However … US dollar, China has alternative measures to retain its policy independence and de-link its interest rates from the US … rate. In other words, the argument for a flexible RMB to insulate China's monetary policy from the US effect is not …

The paper argues that China's capital controls remain substantially binding. This has allowed the Chinese authorities …

We study the efficiency of capital allocations at state-controlled and privately owned business groups in China. Using …

We study the efficiency of capital allocations at state-controlled and privately owned business groups in China. Using …

This study investigates the role of higher co-moments on stock returns in two important stock markets: China and the UK …-moments play different roles in the two markets. In China, investors price only coskewness risk, while UK investors price both … coskewness and cokurtosis risks. Our results also show that China investors use a shorter one- to two-year window period to …

Stock market integration of mainland China is analyzed before and after the liberalization of Chinese stock exchange … segments. We apply a causalityin-variance procedure, using four mainland China stock market indices, two indices of the stock …

Examinations of the dynamics of daily returns and volatility in stock markets of the US, Hong Kong and mainland China … the US to the other three markets; but no spillover between Hong Kong and either of the two mainland China markets; (2 … mainland China and Hong Kong markets and low correlations of 6.4% and 7.2% between the US and China's two markets; thus …