Al-Abri, A. ; Baghestani, H. Foreign investment and real exchange rate volatility in emerging Asian countries. 2015 Journal of Asian Economics. 37 34-47
- Alessandria, G. ; Choi, H. The dynamics of the US trade balance and real exchange rate: The J curve and trade costs?. 2021 Journal of International Economics. 132 1-29
Paper not yet in RePEc: Add citation now
Alexandre, F. ; Bação, P. ; Driffill, J. Bubbles in exchange rates and monetary policy. 2011 Scottish Journal of Political Economy. 58 29-50
Alexius, ; Annika, Sources of real exchange rate fluctuations in the nordic countries. 2001 Scandinavian Journal of Economics. 103 317-331
Awaya, Y. ; Iwasaki, K. ; Watanabe, M. Rational bubbles and middlemen. 2022 Theoretical Economics. 17 1559-1587
Baak, S.J. The bilateral real exchange rates and trade between China and the U.S. 2008 China Economic Review. 19 117-127
- Beckmann, J., Breitenlechner, M., & Scharler, J. (2023). Is the exchange rate a shock absorber? The shocks matter.International Review of Economics & Finance, Available online 16 September 2023, 1-32. doi: 10.1016/j.iref.2023.08.005.
Paper not yet in RePEc: Add citation now
Bettendorf, T. ; Chen, W. Are there bubbles in the sterling-dollar exchange rate? new evidence from sequential ADF tests. 2013 Economics Letters. 120 350-353
- Bilson, J.F.O. The monetary approach to the exchange rate: Some empirical evidence. 1978 International Monetary Fund Staff Papers. 25 48-75
Paper not yet in RePEc: Add citation now
Camerer, C. Bubbles and fads in asset prices. 1989 Journal of Economic Surveys. 3 3-41
Caputo, R. ; Pedersen, M. The changing nature of the real exchange rate: The role of central bank preferences. 2020 Economic Modelling. 90 445-464
- Cassel, G. Money and foreign exchange after 1914. 1925 Constable:
Paper not yet in RePEc: Add citation now
- Chan, H.L. ; Lee, S.K. ; Woo, K.Y. An empirical investigation of price and exchange rate bubbles during the interwar European hyperinflations. 2003 International Review of Economics & Finance. 12 327-344
Paper not yet in RePEc: Add citation now
- Chiappini, R. ; Lahet, D. Exchange rate movements in emerging economies - global vs regional factors in Asia. 2019 China Economic Review. 60 1-29
Paper not yet in RePEc: Add citation now
Combes, J.L. ; Kinda, T. ; Plane, P. Capital flows, exchange rate flexibility, and the real exchange rate. 2012 Journal of macroeconomics. 34 1034-1043
Dakoure, K. ; Diarra, M. ; Ouedraogo, M.I. Role of the choice of exchange rate regime on real exchange rate misalignments in South Sahara African countries. 2023 International Economics and Economic Policy. 20 425-455
De Long, J. ; Bradford, A.S. ; Summers, L.H. ; Robert, W. Noise trader risk in financial markets. 1990 Journal of Political Economy. 98 703-738
De Long, J. ; Bradford, A.S. ; Summers, L.H. ; Robert, W. Positive feedback investment strategies and destabilizing rational speculation. 1990 Journal of Finance. 45 1-19
- Deviren, B. ; Kocakaplan, Y. ; Keskin, M. ; Balcılar, M. ; Özdemir, Z.A. ; Ersoy, E. Analysis of bubbles and crashes in the TRY/USD, TRY/EUR, TRY/JPY and TRY/CHF exchange rate within the scope of econophysics. 2014 Physica A: Statistical Mechanics and its Applications. 410 414-420
Paper not yet in RePEc: Add citation now
Diba, B.T. ; Grossman, H.I. Explosive rational bubbles in stock prices?. 1988 The American Economic Review. 78 520-530
Diba, B.T. ; Grossman, H.I. Theory of rational bubbles in stock prices. 1988 The Economic Journal. 98 746-754
Dollar, D. United States-China two-way direct investment: Opportunities and challenges. 2017 Journal of Asian Economics. 50 14-26
- Dornbusch, R. Expectations and exchange rate dynamics. 1976 Journal of Political Economy. 84 1161-1176
Paper not yet in RePEc: Add citation now
Drine, I. ; Rault, C. Purchasing power parity for developing and developed countries. what can we learn from non-stationary panel data models?. 2008 Journal of Economic Surveys. 22 752-773
Evans, G. Pitfalls in testing for explosive bubbles in asset prices. 1991 American Economic Review. 81 922-930
- Feng, L. ; Le, D.T. ; Yuan, F. Inclusion of the RMB in SDRs and the impossible trinity in China. 2022 Economic Systems.. 47 1-14
Paper not yet in RePEc: Add citation now
Fidrmuc, J. ; Korhonen, I. The impact of the global financial crisis on business cycles in Asian emerging economies. 2010 Journal of Asian Economics. 21 293-303
- Fisher, B. Noise. 1986 Journal of Finance. 41 529-543
Paper not yet in RePEc: Add citation now
Flood, R.P. ; Garber, P.M. Market fundamentals versus price-level bubbles: The first tests. 1980 Journal of political economy. 88 745-770
Frenkel, J.A. A monetary approach to the exchange rate: Doctrinal aspects and empirical evidence. 1976 Scandinavian Journal of Economics. 78 200-224
- Frenkel, J.A. On the mark: A theory of floating exchange rates based on real interest differentials. 1979 American Economic Review. 69 610-622
Paper not yet in RePEc: Add citation now
Gao, Y. ; Li, H. ; Li, Q. The misalignments in Chinese real effective exchange rate from 1994 to 2020: A counterfactual analysis. 2022 China Economic Review. 75 1-16
Gil-Alana, L.A. ; Jiang, L. The purchasing power parity hypothesis in the US–China relationship: Fractional integration, time variation and data frequency. 2013 International Journal of Finance & Economics. 18 82-92
Grossman, G.M. ; Yanagawa, N. Asset bubbles and endogenous growth. 1993 Journal of Monetary Economics. 31 3-19
- Gül, S. Domestic demand and exports: Evidence from Turkish firms. 2021 Central Bank Review. 21 105-118
Paper not yet in RePEc: Add citation now
Guo, W. ; Chen, Z.F. ; Šević, A. The politicalpressure from the US upon RMB xxchange rate. 2021 Journal of International Financial Markets, Institutions and Money. 73 1-19
Gupta, R. ; Hammoudeh, S. ; Kim, W.J. ; Simo-Kengne, B.D. Forecasting China's foreign exchange reserves using dynamic model averaging: The roles of macroeconomic fundamentals, financial stress and economic uncertainty. 2014 The North American Journal of Economics and Finance. 28 170-189
Hahn, F.H. Equilibrium dynamics with heterogeneous capital goods. 1966 Quarterly Journal of Economics. 4 633-646
- Halpem, L. (1996). Real exchange rate and exchange rate policy in Hungary. Economics of Transition,4 (I):211-228.
Paper not yet in RePEc: Add citation now
He, Q. ; Liu, J. ; Zhang, C. Exchange rate exposure and its determinants in China. 2021 China Economic Review. 65 -
Hu, Y. ; Oxley, L. Are there bubbles in exchange rates? some new evidence from g10 and emerging markets countries. 2017 Economic Modelling.. 64 419-442
Huyghebaert, N. ; Wang, L. The co-movement of stock markets in East Asia: Did the 1997–1998 Asian financial crisis really strengthen stock market integration?. 2010 China Economic Review. 21 98-112
Iacoviello, M. ; Navarro, G. Foreign effects of higher US interest rates. 2019 Journal of International Money and Finance. 95 232-250
- Iavorschi, M. The influence of Foreign direct investments and the current account of the balance of payments on the evolution of the Lei/Euro exchange rate in Romania. 2014 Procedia Economics and Finance. 16 448-457
Paper not yet in RePEc: Add citation now
Ikeda, S. ; Shibata, A. Fundamentals uncertainty, bubbles, and exchange rate dynamics. 1995 Journal of International Economics. 38 199-222
Iwata, S. ; Wu, S. Estimating monetary policy effects when interest rates are close to zero. 2006 Journal of Monetary Economics. 53 1395-1408
- Jarrow, R. ; Lamichhane, S. Asset price bubbles, market liquidity, and systemic risk. 2021 Mathematics and Financial Economics. 15 5-40
Paper not yet in RePEc: Add citation now
Jeanneney, S.G. ; Hua, P. How does real exchange rate influence labour productivity in China?. 2011 China Economic Review. 22 628-645
Jehan, Z. ; Hamid, A. Exchange rate volatility and capital inflows: Role of financial development. 2017 Portuguese Economic Journal. 16 189-203
Jia, F. ; Shen, Y. ; Ren, J.F. ; Xu, X.Y. The impact of offshore exchange rate expectations on onshore exchange rates: The case of Chinese RMB. 2021 The North American Journal of Economics and Finance. 56 1-14
Jiang, C. ; Wang, Y. ; Chang, T.Y. ; Su, C.W. Are there bubbles in Chinese RMB–dollar exchange rate? Evidence from generalized sup ADF tests. 2015 Applied Economics. 47 6120-6135
Junior, L.A.D.L. ; Vasconcelos, C.R.F. ; Corrêa, W.L.R. ; Simão Filho, J. Exogeneity tests for the Chinese and US external balance: Empirical evidence of the connection and the subprime crisis. 2014 EconomiA. 15 307-326
Juvenal, L. Sources of exchange rate fluctuations: Are they real or nominal?. 2011 Journal of International Money & Finance. 30 849-876
Kalyvitis, S. ; Pittis, N. Testing for exchange rate bubbles using variance inequalities. 1994 Journal of Macroeconomics. 16 359-367
Kandil, M. ; Mirzaie, A. Exchange rate fluctuations and disaggregated economic activity in the us: Theory and evidence. 2002 Journal of International Money & Finance. 21 1-31
Kasman, A. ; Ayhan, D. Foreign exchange reserves and exchange rates in Turkey: Structural breaks, unit roots and cointegration. 2008 Economic Modelling. 25 83-92
Kempa, B. An oversimplified inquiry into the sources of exchange rate variability. 2005 Economic Modelling. 22 439-458
Kempa, B. ; Wilde, W. Sources of exchange rate fluctuations with Taylor rule fundamentals. 2011 Economic Modelling. 28 2622-2627
- Keynes, J.M. A Tract on Monetary Reform. 1923 Macmillan:
Paper not yet in RePEc: Add citation now
- Kim, I. ; Kim, I. Interest group pressure explanations for the yen–dollar exchange rate movements: Focusing on the 1980s. 2008 Journal of the Japanese and International Economies. 22 364-382
Paper not yet in RePEc: Add citation now
Kinkyo, T. Growing influences of the Chinese Renminbi on Asian exchange rates: Evidence from a wavelet analysis of dynamic spillovers. 2020 The North American Journal of Economics and Finance. 54 1-12
Kohler, K. Exchange rate dynamics, balance sheet effects, and capital flows. A Minskyan model of emerging market boom-bust cycles. 2019 Structural Change and Economic Dynamics. 51 270-283
Kose, M.A. ; Prasad, E.S. ; Taylor, A.D. Thresholds in the process of international financial integration. 2011 Journal of International Money and Finance. 30 147-179
Lama, R. ; Medina, J.P. Mundell meets Poole: Managing capital flows with multiple instruments in emerging economies. 2020 Journal of International Money and Finance. 109 1-20
Li, M. ; Qin, F. ; Zhang, Z. Short-term capital flows, exchange rate expectation and currency internationalization: Evidence from China. 2021 Journal of Risk and Financial Management. 14 1-15
Liu, C. ; Wang, B.Z. ; Wang, H. ; Zhang, J. What drives fluctuations in exchange rate growth in emerging markets-a multi-level dynamic factor approach. 2019 Economic systems. 43 1-14
Maldonado, W.L. ; Tourinho, O. ; Valli, M. Exchange rate bubbles: Fundamental value estimation and rational expectations test. 2012 Journal of International Money and Finance. 31 1033-1159
Meng, X. ; Huang, C.H. Nonlinear models for the sources of real effective exchange rate fluctuations: Evidence from the republic of korea. 2016 Japan and the World Economy. 40 21-30
- Ning, Y. ; Wang, Y. ; Yang, Z. ; Geng, Y. Measurement and multifractal properties of short-term international capital flows in China. 2016 Physica A: Statistical Mechanics and its Applications. 468 714-721
Paper not yet in RePEc: Add citation now
- Norden, S.V. Regime switching as a test for exchange rate bubbles. 1996 Journal of Applied Econometrics. 11 219-251
Paper not yet in RePEc: Add citation now
- Nurkse, R. Conditions of international monetary equilibrium. Essays in International Finance. 1945 International Finance Section. Princeton University: Princeton
Paper not yet in RePEc: Add citation now
Olmo, J. ; Sanso-Navarro, M. Changes in the transmission of monetary policy during crisis episodes: Evidence from the euro area and the US. 2015 Economic Modelling. 48 155-166
- Orellana, V., & Pino, G. (2021). Uncovered interest rate parity: A gravity-panel approach. Heliyon, 7(11),1-9.
Paper not yet in RePEc: Add citation now
Phillips, P. C. B., Shi, S. and Yu, J. (2011). Testing for multiple bubbles. Singapore Management University, working paper. Available online at: http://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=2301&context=soe_research.
Phillips, P.C.B. ; Yu, J. Dating the timeline of financial bubbles during the subprime crisis. 2011 Quantitative Economics. 2 455-491
Ping, W. ; Dunne, P. Real exchange rate fluctuations in east Asia: Generalized impulse-response analysis. 2003 Asian Economic Journal. 17 185-203
- Samuelson, P.A. Indeterminacy of development in a heterogeneous-capital model with constant saving propensity. 1967 Essays on the theory of optimal economic growth. 219-231
Paper not yet in RePEc: Add citation now
- Scheinkman, J. ; Xiong, W. Overconfidence, short-sale constraints, and bubbles. 2003 Journal of Political Economy. 111 1183-1219
Paper not yet in RePEc: Add citation now
Shiller, R.J. Do stock prices move too much to be justified by subsequent changes in dividends. 1981 American Economic Review. 71 421-436
Si, D.K. ; Li, X.L. ; Ge, X. On the link between the exchange rates and interest rate differentials in China: Evidence from an asymmetric wavelet analysis. 2020 Empirical Economics. 59 2925-2946
Sikarwar, E. Forex interventions and exchange rate exposure: Evidence from emerging market firms. 2020 Economic Modelling. 93 69-81
- Siok, K. ; Sek, Z. ; Kapsalyamova, Pass-through of exchange rate into domestic prices: The case of four East-Asian countries. 2008 International Journal of Economic Policy Studies. 3 45-72
Paper not yet in RePEc: Add citation now
- Su, X. ; Peng, C. ; Lv, Z. ; Deng, C. Do the Renminbi and Hong Kong dollar bubbles interact?. 2020 International Journal of Finance & Economics.. 27 1-8
Paper not yet in RePEc: Add citation now
Summers, L.H. Does the stock market rationally reflect fundamental values?. 1986 The Journal of Finance. 41 591-601
Sun, W. ; Liu, D. Great moderation with Chinese characteristics: Uncovering the role of monetary policy. 2023 Economic Modelling. 121 1-16
- Swan, T. W. (1963). Longer-run problems of the balance of payments. The Australian Economy: A volume of readings, 384-395.
Paper not yet in RePEc: Add citation now
- Tao, W. Sources of real exchange rate fluctuations in China. 2005 Journal of Comparative Economics. 33 753-771
Paper not yet in RePEc: Add citation now
Thorbecke, W. The exposure of US manufacturing industries to exchange rates. 2018 International Review of Economics & Finance. 58 538-549
Tirole, J. Asset bubbles and overlapping generations. 1985 Econometrica. 53 1071-1100
Topol, R. Bubbles and volatility of stock prices: Effect of mimetic contagion. 1991 The Economic Journal. 101 786-800
Vides, J.C. ; Golpe, A.A. ; Iglesias, J. The impact of the term spread in US monetary policy from 1870 to 2013. 2021 Journal of Policy Modeling. 43 230-251
Wang, Y. ; Geng, X. ; Guo, K. The influence of international oil price fluctuation on the exchange rate of countries along the “Belt and Road”. 2022 The North American Journal of Economics and Finance. 59 1-16
Wang, Y. ; Wang, L. ; Pan, C. ; Hong, S. Economic policy uncertainty and price pass-through effect of exchange rate in China. 2022 Pacific-Basin Finance Journal. 75 1-16
Weil, P. Confidence and the real value of money in an overlapping generations economy. 1987 The Quarterly Journal of Economics. 102 1-22
West, K.D. A specification test for speculative bubbles. 1987 Quarterly Journal of Economics. -
- Williamson, J. The exchange rate system. 1983 MIT press: Cambridge
Paper not yet in RePEc: Add citation now
Wu, C.C. ; Wu, C.C. The asymmetry in carry trade and the US dollar. 2017 The Quarterly Review of Economics and Finance. 65 304-313
Xu, Y.Y. ; Lien, D. Dynamic exchange rate dependences: The effect of the U.S.-China trade war. 2020 Journal of International Financial Markets, Institutions & Money. 68 1-14
Yang, S. ; Shi, B. ; Yang, F. Macroeconomic impact of the Sino–US trade frictions: Based on a two-country, two-sector DSGE model. 2023 Research in International Business and Finance. 65 1-17
- Yepez, C. ; Dzikpe, F. Accounting for real exchange rates in emerging economies: The role of commodity prices. 2022 International Review of Economics & Finance. 79 476-492
Paper not yet in RePEc: Add citation now
Yilmazkuday, H. COVID-19 and monetary policy with zero bounds: A cross-country investigation. 2022 Finance Research Letters. 44 1-8
You, K. ; Sarantis, N. A twelve-area model for the equilibrium Chinese Yuan/US dollar nominal exchange rate. 2012 Journal of International Financial Markets, Institutions and Money. 22 151-170
Yung, J. Can interest rate factors explain exchange rate fluctuations?. 2021 Journal of Empirical Finance. 61 34-56
Zhang, C. ; Clovis, J. China inflation dynamics: Persistence and policy regimes. 2010 Journal of Policy Modeling. 32 373-388
Zhang, M. ; Tan, X. Vanishing of China's twin surpluses and its policy implications. 2015 China & World Economy. 23 101-120
Zhang, X. ; Zhang, W. Information asymmetry, sentiment interactions, and asset price. 2023 The North American Journal of Economics and Finance. 67 1-19
- Zhao, S.X. ; Zhan, H. ; Jiang, Y. ; Pan, W. How big is China’s real estate bubble and why hasn’t it burst yet?. 2017 Land use policy. 64 153-162
Paper not yet in RePEc: Add citation now