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On the Renminbi: The Choice between Adjustment under a Fixed Exchange Rate and Adjustment under a Flexible Rate
14 references·16 citing·34 second hop
On the Renminbi: The Choice between Adjustment under a Fixed Exchange Rate and Adjustment under a Flexible Rate (2005)On the Renminbi: The Choice between Adjus…Optimum Currency Areas (2007)Optimum Currency AreasA Prism into the PPP Puzzles: The Micro‐Foundations of Big Mac Real Exchange Rates (2007)A Prism into the PPP Puzzles:…The East Asian Dollar Standard, Fear of Floating, and Original Sin (2004)The East Asian Dollar Standar…An Essay on the Revived Bretton Woods System (2003)An Essay on the Revived Brett…One money, one market: the effect of common currencies on trade (2000)One money, one market: the ef…On the purchasing power parity puzzle (2000)On the purchasing power parit…Exit Strategies: Policy Options for Countries Seeking Greater Exchange Rate Flexibility (1998)Exit Strategies: Policy Optio…International Evidence on Tradables and Nontradables Inflation (1994)International Evidence on Tra…The Penn World Table (Mark 5): An Expanded Set of International Comparisons, 1950-1988 (1991)The Penn World Table (Mark 5)…National Price Levels and the Prices of Tradables and Nontradables (1988)National Price Levels and the…Devaluation, Money, and Nontraded Goods (1973)Devaluation, Money, and Nontr…International Economics (1969)International EconomicsThe Purchasing-Power Parity Doctrine: A Reappraisal (1964)The Purchasing-Power Parity D…A Theory of Optimum Currency Areas (1961)A Theory of Optimum Currency …Exploring determinants of housing prices: A case study of Chinese experience in 1999–2010 (2012)Exploring determinants of hou…Economic growth in Asia: Determinants and prospects (2012)Economic growth in Asia: Dete…RENMINBISING CHINA'S FOREIGN ASSETS (2011)RENMINBISING CHINA'S FOREIGN …Appreciating the Renminbi (2011)Appreciating the RenminbiEconomic Growth in Asia: Determinants and Prospects (2010)Economic Growth in Asia: Dete…NEW ESTIMATION OF CHINA'S EXCHANGE RATE REGIME (2009)NEW ESTIMATION OF CHINA'S EXC…China's Current Account and Exchange Rate (2009)China's Current Account and E…Real Exchange Rates, Saving And Growth : Is There A Link? (2008)Real Exchange Rates, Saving A…Pitfalls in Measuring Exchange Rate Misalignment (2008)Pitfalls in Measuring Exchang…China's economic growth and its real exchange rate (2008)China's economic growth and i…The Prospects for Sustained Growth in Africa: Benchmarking the Constraints (2007)The Prospects for Sustained G…The Prospects for Sustained Growth in Africa (2007)The Prospects for Sustained G…The International Financial Integration Of China And India (2007)The International Financial I…Estimates of the Equilibrium Exchange Rate of the Renminbi: Is There a Consensus and, If Not, Why Not? (2007)Estimates of the Equilibrium …Is It 1958 or 1968? Three Notes on the Longevity of the Revived Bretton Woods System (2005)Is It 1958 or 1968? Three Not…Adjusting China's Exchange Rate Policies (2004)Adjusting China's Exchange Ra…Optimum Currency Areas (1991)No Single Currency Regime is Right for All Countries or At All Times (1999)From Principles of Political Economy (2005)Theoretical Notes on Trade Problems (1964)Equality, Employment, and Budgetary Restraint: The Trilemma of the Service Economy (1998)The Comparative Political Economy of Pension Reform (2001)The New Politics of the Welfare State (2001)The East Asian miracle: economic growth and public policy (1994)Fear of Floating (2000)Fear of Floating (2002)Sovereign credit ratings, capital flows and financial sector development in emerging markets (2007)Hoarding of International Reserves: Mrs Machlup's Wardrobe and the Joneses (2009)Impact of Oil Price Shock and Exchange Rate Volatility on Economic Growth in Nigeria: An Empirical Investigation (2009)Price Behavior in the Light of Balance of Payments Theories (1977)Another look at the role of the industrial structure of markets for international diversification strategies1We are especially grateful to Pat Casey and Virge Cavalli at Dow Jones for providing the Dow Jones World Stock Index data and for their assistance with numerous queries. We gratefully acknowledge the comments of Geert Bekaert, William Brigham, Shane Corwin, Steve Foerster, Jeff Harris, Steve Heston, Ajay Khorana, David Mayers, John Persons, René Stulz, and particularly, the referee (Geert Rouwenhorst) and editor (John Long). We also thank participants at the University of Alberta, University of Toronto and Ohio State University, the 1996 UBC Global Investment Conference (Whistler), 1996 International Finance Conference (Georgia Tech), 1996 Western Finance Association Conference, and 1996 Financial Management Association Conference for helpful suggestions. Karolyi thanks the Dice Center for Financial Economics and the Social Sciences and Humanities Research Council of Canada for financial support.1 (1998)On the Yuan: The Choice between Adjustment under a Fixed Exchange Rate and Adjustment under a Flexible Rate (2006)An Estimate of the Effect of Common Currencies on Trade and Income (2002)The WTO Promotes Trade, Strongly But Unevenly (2003)Exchange rate volatility and productivity growth: The role of financial development (2009)Alternative projections of mortality and disability by cause 1990–2020: Global Burden of Disease Study (1997)Does Social Capital Have an Economic Payoff? A Cross-Country Investigation (1997)Greed and grievance in civil war (2004)From World Banker to World Venture Capitalist: US External Adjustment and the Exorbitant Privilege (2005)International Reserves: Precautionary Versus Mercantilist Views, Theory and Evidence (2007)The Missing Wealth of Nations: Are Europe and the U.S. net Debtors or net Creditors?* (2013)Economic Growth in a Cross Section of Countries (1989)The Purchasing Power Parity Puzzle (1996)The Next Generation of the Penn World Table (2015)Evolution of international stock and bond market integration: Influence of the European Monetary Union (2005)Design Failures in the Eurozone: Can They Be Fixed? (2013)Dynamic measures of asymmetric & pairwise connectedness within an optimal currency area: Evidence from the ERM I system (2021)The Exchange Rate And The Balance of Payments In The Short Run and in The Long Run: A Monetary Approach (1977)Chapter 34 The intertemporal approach to the current account (1995)International Financial Adjustment (2005)
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References

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  • 1988National Price Levels and the Prices of Tradables and Nontradables159 cited
  • 1998Exit Strategies: Policy Options for Countries Seeking Greater Exchange Rate Flexibility155 cited

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  • 2009NEW ESTIMATION OF CHINA'S EXCHANGE RATE REGIME146 cited

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2004
Adjusting China's Exchange Rate Policies
143 cited
  • 2012Exploring determinants of housing prices: A case study of Chinese experience in 1999–2010131 cited
  • 2012Economic growth in Asia: Determinants and prospects119 cited
  • 2009China's Current Account and Exchange Rate118 cited
  • 2007The Prospects for Sustained Growth in Africa97 cited
  • 2007The Prospects for Sustained Growth in Africa: Benchmarking the Constraints91 cited
  • 2007Estimates of the Equilibrium Exchange Rate of the Renminbi: Is There a Consensus and, If Not, Why Not?89 cited
  • 2007The International Financial Integration Of China And India80 cited
  • 2005Is It 1958 or 1968? Three Notes on the Longevity of the Revived Bretton Woods System68 cited
  • 2010Economic Growth in Asia: Determinants and Prospects59 cited
  • 2008Pitfalls in Measuring Exchange Rate Misalignment56 cited
  • 2008China's economic growth and its real exchange rate54 cited
  • 2008Real Exchange Rates, Saving And Growth : Is There A Link?51 cited
  • 2011RENMINBISING CHINA'S FOREIGN ASSETS47 cited
  • 2011Appreciating the Renminbi41 cited