China has established two stock exchanges (Shanghai and ShenZhen) so far, with each exchange listing and trading both A shares (for domestic investment) and B shares (for overseas investment). Applying the cointegration and error-correction model, this article investigates the linkages between...

This article evaluates the performance of filter rules on four Asian exchange rates against the U.S. dollar. Risk premiums derived from the choice under uncertainty model and the GARCH specification are used to construct the risk–adjusted return series. Results show that risk premiums have...

This paper reports the findings of a survey of non-tariff trade barriers (NTBs) that firms in the Pacific Rim region frequently encounter. NTBs are categorized into restrictions on market access, restrictions on personnel movement and transparency of regulatory information. We find that NTBs...

Using available annual data of 174 economies since 1957, we examine the similarities and differences of seven international reserve ratios. While individual international reserve ratios display substantial variations across economies, they are associated with an economy?s characteristics...

Using available annual data of 174 economies since 1957, we examine the similarities and differences of seven international reserve ratios. While individual international reserve ratios display substantial variations across economies, they are associated with an economy's characteristics...

This study evaluates the performance of filter rules on four Asian exchange rates against the U.S. dollar. Risk premiums derived from the choice under uncertainty model and the GARCH specification are used to construct the risk-adjusted return series. Results show that risk premiums have...

(...) Tang Xu; Li Kui-wai: Money and banking in China. Chai Pangshun; Li Kui-wai: Foreign bank lending to Chinese industries. Criteria and procedures. Nyaw Mee-kau: The development of direct foreign investment in China. Kwok, Raymond H. F.: Foreign direct investment, trade, and development in...