Long, Shaobo; Zhang, Mengxue; Li, Keaobo; Wu, Shuyu - In: Financial innovation : FIN 7 (2021), pp. 1-21
With the rapid expansion of the RMB exchange rate's floating range, the effects of the RMB exchange rate and global commodity price changes on China's stock prices are likely to increase. This study uses both auto regressive distributed lag (ARDL) and nonlinear ARDL (NARDL) approaches to explore...