The Paper Wrote by Prof. LI Xue of ICFS and Her Co-workers was Officially Accepted by China Economic Review
信息来源: 浏览次数: 发布时间:2021-03-08 10:58:57

The paper "Onshore Spot and Offshore Forward Markets for RMB: Evidence from the ' 8.11' Exchange Rate Regime Reform", co-authored by Prof.LI Xue(first author), Jie Li, Hanxu Li, and Yanghui Liu, was officially accepted by China Economic Review. This paper investigates the dynamic relationship between the onshore spot market and the offshore forward market for RMB during the period of China's August 11, 2015 exchange rate quotation mechanism reform, and compares the yield and volatility spillover effects between the two markets before and after the “8.11” foreign exchange rate reform.