Journal of Chinese Economic and Foreign Trade Studies: Volume 15 Issue 1

Does the exchange rate overshoot in an emerging economy?

Muhammad Aftab, Amir Rafique, Evan Lau

The sticky-price monetary model of exchange rate states the overshooting hypothesis as, exchange rate depreciation beyond its long-term value in response to an increase in money…

Trade integration, product diversification and the gravity equation: evidence from the Chinese merchandise imports

Dimitrios Karkanis, Myrsini Fotopoulou

The purpose of this paper is to identify trade integration and structure effects on bilateral trade between China and its partners, focusing on Chinese merchandise imports during…

The economics of the Manila Galleon

Javier Mejia, Javier Mejia

This paper aims to offer a unified economic interpretation of the existing evidence on the Manila Galleon. It intends to be an introduction to the Manila Galleon for economists…

Empirical determinants of exchange-rate volatility: evidence from selected Asian economies

Abdul Rashid, Mohammad Basit

This paper aims to explore the empirical determinants of exchange-rate volatility (ERV) in selected Asian economies, namely, Bangladesh, China, India, Indonesia, Malaysia and…

The impact of COVID-19 and the stringency of government policy responses on stock market returns worldwide

Abdulazeez Y.H. Saif-Alyousfi

This paper aims to investigate the impact of COVID-19 and the stringency of the government policy response on stock market returns globally and at the regional level.

Are remittances and imports substitute or complement in developing country? A disaggregated evidence

Syed Tehseen Jawaid, Lubna Khan, Imtiaz Arif

Despite the reasonable surge of remittances and imports in Pakistan, very less attention has been given to this area. To bridge the gap, this study aims to explore the…