This paper estimates the degree of wage and price flexibility of the Hong Kong economy with the use of a stylised dynamic stochastic general equilibrium (DSGE) model developed for the Hong Kong economy. It also studies the factors contributing to deflation in Hong Kong following the Asian financial crisis (i.e. during the period from 1998 to 2003) and finds that declining import prices were the main culprit. Consistent with earlier studies on the subject and anecdotal evidence, wages and prices in Hong Kong are found to be (relatively) flexible.DSGE, Bayesian Estimation, Nominal Rigidities
This paper develops and estimates an open-economy dynamic stochastic general equilibrium (DSGE) mode...
This paper analyzes the determination of wage, price level, and property price in Hong Kong, especia...
by Yik Yiu Man.Bibliography : leaves 133-137Thesis (M.Phil.)--Chinese University of Hong Kong, 198
This paper estimates the degree of wage and price flexibility of the Hong Kong economy with the use ...
In this paper we derive a dynamic stochastic general equilibrium (DSGE) model, following Gali and Mo...
The economic downfall experienced by Hong Kong during the Asian financial crisis is bewildering sinc...
My thesis attempts to search evidence on the performance of the currency board regime and its impact...
Advanced statistical techniques are used to analyze Hong Kong output dynamics. Hong Kong, Japan and ...
This paper has been presented at the XIII Encuentros de Economía Aplicada, Sevilla, Spain, 2010.This...
This article studies the interplay of two factors that has an important bearing on the nature of def...
The paper examines the sources of macroeconomic instability in Hong Kong under the linked exchange r...
Inflation in a country with a currency board is usually believed to be highly dependent on external ...
After the reunification of Hong Kong and China in 1997, Hong Kong is assured of a high degree of aut...
This paper studies the economy of Hong Kong through the lens of a small open economy DSGE model with...
Prior to the late 1990s, low unemployment was a standard feature of macroeconomic life in Hong Kong....
This paper develops and estimates an open-economy dynamic stochastic general equilibrium (DSGE) mode...
This paper analyzes the determination of wage, price level, and property price in Hong Kong, especia...
by Yik Yiu Man.Bibliography : leaves 133-137Thesis (M.Phil.)--Chinese University of Hong Kong, 198
This paper estimates the degree of wage and price flexibility of the Hong Kong economy with the use ...
In this paper we derive a dynamic stochastic general equilibrium (DSGE) model, following Gali and Mo...
The economic downfall experienced by Hong Kong during the Asian financial crisis is bewildering sinc...
My thesis attempts to search evidence on the performance of the currency board regime and its impact...
Advanced statistical techniques are used to analyze Hong Kong output dynamics. Hong Kong, Japan and ...
This paper has been presented at the XIII Encuentros de Economía Aplicada, Sevilla, Spain, 2010.This...
This article studies the interplay of two factors that has an important bearing on the nature of def...
The paper examines the sources of macroeconomic instability in Hong Kong under the linked exchange r...
Inflation in a country with a currency board is usually believed to be highly dependent on external ...
After the reunification of Hong Kong and China in 1997, Hong Kong is assured of a high degree of aut...
This paper studies the economy of Hong Kong through the lens of a small open economy DSGE model with...
Prior to the late 1990s, low unemployment was a standard feature of macroeconomic life in Hong Kong....
This paper develops and estimates an open-economy dynamic stochastic general equilibrium (DSGE) mode...
This paper analyzes the determination of wage, price level, and property price in Hong Kong, especia...
by Yik Yiu Man.Bibliography : leaves 133-137Thesis (M.Phil.)--Chinese University of Hong Kong, 198