Tags : Exchange Rates

About 5 results
Park on Emerging Markets’ Currency Crisis and China's Economic Prospects
IEMS Director, Albert Park, was featured in the BBC speaking on the emerging markets' currency crisis and China's economic prospects. Park argues that the currency crises in Argentina, Turkey, and Venezuela are "much more the consequence of poor macroeconomic policy in those countries, than the result of ...
https://iems.ust.hk/updates/media-coverage/2018/park-on-emerging-markets-currency-crisis-and-china-s-economic-prospects
Real Business Cycles in Emerging Economies: the Role of Interest Rates and Exchange Rates
Event Summary Understanding real business cycle (RBC) in emerging market economies is a central issue in international macroeconomics. Current literature tends to focus on the excess consumption volatility or counter-cyclical trade balance. The real exchange rate (RER) dynamics and its comovement with other ...
https://iems.ust.hk/realex
Export expansions and skill acquisition: Evidence from Rural China
As in many other countries in emerging markets, trade has been one of the most important engines for China’s growth miracle since the late 1970s. Yet how the export-led growth strategy affects the long-run growth trajetories depends on how it affects human capital formation, which is far from clear. We plan to ...
https://iems.ust.hk/research/project/2017/li-export-expansions-skill-acquisition
Forward-Looking Exporters and Exchange Rate Pass-Through: A Micro-Level Investigation
This paper shows that the pricing behavior of exporting firms exhibits a “forward-looking” nature under sticky prices. It offers a channel by which the expectations of future exchange rates affect current prices. To seek the micro-level evidence, we adopt detailed product-level import data of the United ...
https://iems.ust.hk/publications/iems-working-papers/li-micro-level-investigation
Capital Flows and Financial Development in Emerging Markets – CEMP-CIEPS-HKUST IEMS Workshop
Co-sponsored by HKUST IEMS and the Claremont Institute for Economic Policy Studies (CIEPS) at Claremont Graduate University (CGU), the Center for Emerging Market Policies (CEMP) at George Mason University School of Policy, Government and International Affairs (GMU-SPGIA) hosted its 5th annual research forum on the ...
https://iems.ust.hk/events/conference/2015/capital-flows-financial-development
city image