The Impacts of Hong Kong's Currency Board Reforms on Its Interbank Market

• Main Authors: TSE, Yiu Kuen, YIP, Paul S. L.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2003
• Subjects: Asian financial crisis; Currency board system; GARCH model; Interbank rate; Asian Studies; Finance
• Online Access: https://ink.library.smu.edu.sg/soe_research/320; https://ink.library.smu.edu.sg/context/soe_research/article/1319/viewcontent/jbf_rev.pdf
• Institution: Singapore Management University

Among the economies with a Currency Board System (CBS), Hong Kong (HK) is probably the one with the largest and most developed financial sector, as well as the highest capital mobility. Hence, studying HK’s CBS is not only crucial to HK, but also important for the understanding of the modern CBS. Th...