Purpose – The authors make assessment on RMB valuation and to contribute to the fierce debate on this important issue, which is perceived to have a great effect on the improvement or deterioration in trade balance. A triangular analysis approach is put forward and empirical assessment is made....

Purpose – In this paper, six forms of non-linear Taylor rule have been applied to compare the fitting and prediction of response function of monetary policy of China, in an attempt to figure out a form of non-linear Taylor rule that accords with Chinese practices. The paper aims to discuss...

Purpose – The paper aims to investigate the relationship between stock prices and exchange rate movement in seven African countries. Design/methodology/approach – It uses vector autoregressive (VAR) cointegration and impulse response analysis to determine the long‐ and short‐run linkages...