The internationalization of China’s currency, the renminbi (RMB) bolsters the growing economic and political influence … of China in the Asia-Pacific region. This paper assesses the evolution of RMB exchange rate co-movements against the US …

On August 11, 2015, China revamped its procedure for setting the official central parity of the renminbi (RMB) against … the US dollar. Our empirical investigation suggests that the intertemporal dynamics of China’s central parity shifted … no evidence of a rate-fixing role for the RMB exchange rate against the currency basket announced by China in December …

Since the 2008 global financial crisis, China has rolled out a number of initiatives to actively promote the … currency composition of China’s international assets and liabilities. These factors include, among others, underlying valuation …

indices, for Japan, China, and Korea on a monthly basis from January 2001 to February 2013 in order to provide a better …

Since the 2008 global financial crisis, China has rolled out a number of initiatives to actively promote the … currency composition of China's international assets and liabilities. These factors include, among others, underlying valuation …

-through) vary with trade credit. We put together a dataset that contains customs data and bank statements for the universe of … prices respond significantly less for products sold by exporters issuing more trade credit (more complete exchange rate pass … complementarity between trade credit and bank loans. We introduce an open economy model of monopolistic competition in international …