Currency Board, Asian Financial Crisis, and the Case for Structured NotesCity University of Hong Kong, Faculty of Business, Department of Economics and Finance, 2000 - Currency boards - 36 pages |
Common terms and phrases
1-month devaluation risk 2-standard deviation confidence aggregate balance Anming Zhang CityU Asian Financial Crisis Asian risk premium billion California and CityU capital outflow Chan Cheng HKUST CityU and University Convertibility Undertaking currency board arrangement currency board system devalue the Hong deviation confidence bands Economics and Finance empirical foreign reserves guarantee HIBOR and LIBOR high interest rate HK dollar HKMA HKMA's Hong Kong dollar Hong Kong Monetary Hong Kong University Hong Kong's currency interest differential interest rate arbitrage interest rate differential issuing Kong Monetary Authority Kong's currency board Kwan CityU Leonard Leonard K LIBOR Lilian Kheng-lian measures Merton Miller Peking University polynomial put options risk and 2-standard risk premium RTGS speculative attacks Stock Market structured notes target zone model University of California University of Hong University of Victoria volatility Weiying Zhang Peking Xueping Wu Yield curve Yield curve slope Yimin Zhang University Yin-wong Cheung University Zhang Peking University