Working Paper Series

2017

Serial No.	Author(s)
#2017-019	Ingomar Krohn (Warwick), Vladyslav Sushko (BIS)	Liquidity in FX spot and forward markets
#2017-018	Matthew Baron (Cornel), Jonathan Brogaard (U. of Washington), Björn Hagströmer (Stockholm), Andrei Kirilenko (Imperial)	Risk and Return in High-Frequency Trading Published in Journal of Financial and Quantitative Analysis
#2017-017	Nauro F. Campos (Brunel University London and ETH Zurich), Jarko Fidrmuc (ZU Friedrichshafen, CESifo Munich and KTU Kaunas) and Iikka Korhonen (Bank of Finland)	Business Cycle Synchronisation in a Currency Union: Taking Stock of the Evidence Published in International Review of Financial Analysis
#2017-016	Xingwang Qian (SUNY Buffalo State), Jianhong Qi (Shandong University)	Uncertainty and sequential outward foreign direct investment
#2017-015	Yiyi Dong (LSE) and Charles Ka Yui Leung (City University of Hong Kong)	Global Financial Integration, Real Estate Security Returns and Financial Crisis
#2017-014	Chi Gong (Sichuan University), Soyoung Kim (Seoul National University)	Regional Business Cycle Synchronization in Emerging and Developing Countries: Regional or Global Integration? Trade or Financial Integration? Published in Journal of International Money and Finance
#2017-013	Shuo Cao (Shenzhen Stock Exchange), Huichou Huang (Broad Reach Investment Management), Ruirui Liu (King's College London), Ronald MacDonald (University of Glasgow)	The Term Structure of Exchange Rate Predictability: Commonality, Scapegoat, and Disagreement Published in Journal of International Money and Finance
#2017-012	Yin-Wong Cheung (City University of Hong Kong), Kenneth K. Chow (Hong Kong Monetary Authority), Matthew S. Yiu (Hong Kong Institute for Monetary Research)	Effects of Capital Flow on the Equity and Housing Markets in Hong Kong Published in Pacific Economic Review
#2017-011	Charles Engel (Wisconsin-Madison)	Real Exchange Rate Convergence: The Roles of Price Stickiness and Monetary Policy Published in Journal of Monetary Economics
#2017-010	Guonan Ma (About Capital Management), Ivan Roberts (Reserve Bank of Australia), Gerard Kelly (Reserve Bank of Australia)	A Rebalancing Chinese Economy: Drivers and Challenges
#2017-009	Martin Berka (University of Auckland), Michael B. Devereux (UBC), Charles Engel (Wisconsin-Madison)	Real Exchange Rates and Sectoral Productivity in the Eurozone Published in American Economic Review
#2017-008	Georgios Georgiadis (ECB), Martina Jancokova (ECB)	Financial Globalisation, Monetary Policy Spillovers and Macro-modelling: Tales from 1001 Shocks Published in Journal of Economic Dynamics and Control
#2017-007	Yin-Wong Cheung (City University of Hong Kong), Rasmus Fatum (University of Alberta), Yohei Yamamoto (Hitotsubashi University)	The Exchange Rate Effects of Macro News after the Global Financial Crisis Published in Journal of International Money and Finance
#2017-006	Kate Hynes (University College Dublin), Yum K. Kwan (City University of Hong Kong and Wilfrid Laurier University), Anthony Foley (Dublin City University)	Local linkages: The interdependence of foreign and domestic firms Published in Economic Modelling
#2017-005	Pietro Cova and Filippo Natoli (Bank of Italy)	International Financial Flows and the Risk-taking Channel
#2017-004	Immaculate Machasio and Peter Tillmann (Justus-Liebig-University Giessen of Germany)	Remittance Inflows and State-Dependent Monetary Policy Transmission in Developing Countries
#2017-003	Andrew K. Rose (UC Berkeley)	Currency Wars? Unconventional Monetary Policy Does Not Stimulate Exports Published in: Journal of Money, Credit and Banking
#2017-002	Kimberly A. Berg (Miami, Ohio) and Nelson C. Mark (Notre Dame/NBER)	Measures of Global Uncertainty and Carry-Trade Excess Returns Published in: Journal of International Money and Finance
#2017-001	Charles Ka Yui Leung (City University of Hong Kong) and Chung-Yi Tse (University of Hong Kong)	Flipping in the Housing Market Published in: Journal of Economic Dynamics and Control