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Publications

by members of

Hong Kong Institute for Monetary Research (HKIMR)
Government of Hong Kong
Central, Hong Kong

These are publications listed in RePEc written by members of the above institution who are registered with the RePEc Author Service. Thus this compiles the works all those currently affiliated with this institutions, not those affilated at the time of publication. List of registered members. Register yourself. This page is updated in the first days of each month.
| Working papers | Journal articles | Chapters |

Working papers

2014

  1. Dong He & Honglin Wang & Xiangrong Yu, 2014. "Interest Rate Determination in China: Past, Present, and Future," Working Papers 042014, Hong Kong Institute for Monetary Research.
  2. Chang Shu & Dong He & Xiaoqiang Cheng, 2014. "One Currency, Two Markets: The Renminbi's Growing Influence in Asia-Pacific," Working Papers 102014, Hong Kong Institute for Monetary Research.

2013

  1. Dong He & Paul Luk, 2013. "A Model of Chinese Capital Account Liberalisation," Working Papers 122013, Hong Kong Institute for Monetary Research.
  2. Dong He & Honglin Wang, 2013. "Monetary Policy and Bank Lending in China - Evidence from Loan-Level Data," Working Papers 162013, Hong Kong Institute for Monetary Research.
  3. Dong He & Robert N McCauley, 2013. "Transmitting Global Liquidity to East Asia: Policy Rates, Bond Yields, Currencies and Dollar Credit," Working Papers 152013, Hong Kong Institute for Monetary Research.
  4. Honglin Wang & Chu Zhang & Weihang Dai, 2013. "Rental Adjustment and Housing Prices: Evidence from Hong Kong's Residential Property Market," Working Papers 012013, Hong Kong Institute for Monetary Research.

2012

  1. Dong He & Wenlang Zhang & Gaofeng Han & Tommy Wu, 2012. "Productivity Growth of the Non-Tradable Sectors in China," Working Papers 082012, Hong Kong Institute for Monetary Research.
  2. Dong He & Lillian Cheung & Wenlang Zhang & Tommy Wu, 2012. "How would Capital Account Liberalisation Affect China's Capital Flows and the Renminbi Real Exchange Rates?," Working Papers 092012, Hong Kong Institute for Monetary Research.
  3. He, Dong, 2012. "Renminbi Internationalisation: A Primer," MPRA Paper 40672, University Library of Munich, Germany.
  4. Wei Liao & Ana Maria Santacreu, 2012. "The Trade Comovement Puzzle and the Margins of International Trade," Working Papers 042012, Hong Kong Institute for Monetary Research.
  5. Aidan Yao & Honglin Wang, 2012. "What are the Challenges and Problems Facing China's Outward Portfolio Investment: Evidence from the Qualified Domestic Institutional Investor Scheme," Working Papers 312012, Hong Kong Institute for Monetary Research.

2011

  1. Dong He & Wei Liao, 2011. "Asian Business Cycle Synchronisation," Working Papers 062011, Hong Kong Institute for Monetary Research.
  2. Dong He & Honglin Wang, 2011. "Dual-Track Interest Rates and the Conduct of Monetary Policy in China," Working Papers 212011, Hong Kong Institute for Monetary Research.
  3. Chen, Qianying, 2011. "Exchange rate dynamics, expectations, and monetary policy," Discussion Paper Series 1: Economic Studies 2011,18, Deutsche Bundesbank, Research Centre.
  4. Hongyi Chen & Qianying Chen & Stefan Gerlach, 2011. "The Implementation of Monetary Policy in China: The Interbank Market and Bank Lending," Working Papers 262011, Hong Kong Institute for Monetary Research.
  5. Mathias Hoffmann & Wei Liao, 2011. "The Cross-Section of Country News, Decoupling Expectations, and Global Business Cycles," Working Papers 342011, Hong Kong Institute for Monetary Research.

2010

  1. Muliaman D. Hadad & Maximilian J. B. Hall & Wimboh Santoso & Karligash Kenjegalieva & Richard Simper, 2010. "Productivity Changes and Risk Management in Indonesian Banking: An Application of a New Approach to Constructing Malmquist Indices," Discussion Paper Series 2010_04, Department of Economics, Loughborough University, revised Feb 2010.
  2. Karligash Kenjegalieva & Richard Simper, 2010. "A Productivity analysis of Eastern European banking taking into account risk decomposition and environmental variables," Discussion Paper Series 2010_02, Department of Economics, Loughborough University, revised Jan 2010.
  3. Maximilian J. B. Hall & Karligash Kenjegalieva & Richard Simper, 2010. "Accounting for environmental factors, bias and negative numbers in efficiency estimation: A bootstrapping application to the Hong Kong banking sector," Discussion Paper Series 2010_03, Department of Economics, Loughborough University, revised Feb 2010.
  4. Dong He & Robert N. McCauley, 2010. "Offshore Markets for the Domestic Currency: Monetary and Financial Stability Issues," Working Papers 1002, Hong Kong Monetary Authority.
  5. Papa M'B. P. N'Diaye & Dale F. Gray & Natalia T. Tamirisa & Hiroko Oura & Qianying Chen, 2010. "International Transmission of Bank and Corporate Distress," IMF Working Papers 10/124, International Monetary Fund.
  6. Michael Binder & Qianying Chen & Xuan Zhang, 2010. "On the Effects of Monetary Policy Shocks on Exchange Rates," CESifo Working Paper Series 3162, CESifo Group Munich.
  7. Wei Liao & Kang Shi & Zhiwei Zhang, 2010. "Vertical Trade and China's Export Dynamics," Working Papers 102010, Hong Kong Institute for Monetary Research.

2009

  1. Muliaman D. Hadad & Maximilian J. B. Hall & Wimboh Santoso & Karligash Kenjegalieva & Richard Simper, 2009. "Productivity Changes in Indonesian Banking: Application of a New Approach to Estimating Malmquist Indices," Discussion Paper Series 2009_13, Department of Economics, Loughborough University, revised Sep 2009.
  2. Muliaman D. Hadad & Maximilian J. B. Hall & Wimboh Santoso & Karligash Kenjegalieva & Richard Simper, 2009. "A New Approach to Dealing With Negative Numbers in Efficiency Analysis: An Application to the Indonesian Banking Sector," Discussion Paper Series 2009_20, Department of Economics, Loughborough University, revised Dec 2009.
  3. Dong He & Zhiwei Zhang & Wenlang, 2009. "How Large Will Be the Effect of China's Fiscal-Stimulus Package on Output and Employment?," Working Papers 0905, Hong Kong Monetary Authority.
  4. Dong He & Zhiwei Zhang & Honglin Wang, 2009. "Hong Kong's Financial Market Interactions with the US and Mainland China in Crisis and Tranquil Times," Working Papers 0910, Hong Kong Monetary Authority.
  5. Dong He & Frank Leung & Philip Ng, 2009. "A Framework for Monitoring Capital Flows in Hong Kong," Working Papers 0916, Hong Kong Monetary Authority.

2008

  1. Karligash Kenjegalieva & Maximilian J. B. Hall & Richard Simper, 2008. "Environmental Factors Affecting Hong Kong Banking: A Post-Asian Financial Crisis Efficiency Analysis," Discussion Paper Series 2008-01, Department of Economics, Loughborough University, revised Jun 2008.
  2. Muliaman D. Hadad & Maximilian J. B. Hall & Wimboh Santoso & Ricky Satria & Karligash Kenjegalieva & Richard Simper, 2008. "Efficiency and Malmquist Indices of Productivity Change in Indonesian Banking," Discussion Paper Series 2008_08, Department of Economics, Loughborough University, revised Aug 2008.
  3. Muliaman D. Hadad & Maximilian J. B. Hall & Wimboh Santoso & Ricky Satria & Karligash Kenjegalieva & Richard Simper, 2008. "Banking Efficiency and Stock Market Performance: An Analysis of Listed Indonesian Banks," Discussion Paper Series 2008_07, Department of Economics, Loughborough University, revised Aug 2008.
  4. Muliaman D. Hadad & Maximilian J. B. Hall & Wimboh Santoso & Ricky Satria & Karligash Kenjegalieva & Richard Simper, 2008. "Efficiency in Indonesian Banking: Recent Evidence," Discussion Paper Series 2008_13, Department of Economics, Loughborough University, revised Nov 2008.
  5. Dong He & Laurent Pauwels, 2008. "What Prompts the People's Bank of China to Change its Monetary Policy Stance? Evidence from a Discrete Choice Model," Working Papers 0806, Hong Kong Monetary Authority.
  6. Yue, Eddie & He, Dong, 2008. "The Future of the Renminbi and Its Impact on the Hong Kong Dollar," MPRA Paper 9953, University Library of Munich, Germany.
  7. He, Dong, 2008. "Macroeconomic Linkages between Hong Kong and Mainland China," MPRA Paper 9992, University Library of Munich, Germany.
  8. Dong He & Wenlang Zhang, 2008. "How Dependent is the Chinese Economy on Exports and in What Sense has its Growth been Export-led?," Working Papers 0814, Hong Kong Monetary Authority.
  9. Wang, Honglin & Reardon, Thomas, 2008. "Social Learning and Parameter Uncertainty in Irreversible Investment----Evidence from Greenhouse Adoption in Northern China," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6310, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

2007

  1. Hans Genberg & Dong He, 2007. "Monetary and Financial Cooperation among Central Banks in East Asia and the Pacific," Working Papers 0715, Hong Kong Monetary Authority.
  2. Dong He & Frank Leung & Philip Ng, 2007. "How Do Macroeconomic Developments in Mainland China Affect Hong Kong's Short-term Interest Rates?," Working Papers 0717, Hong Kong Monetary Authority.
  3. Dong He & Lillian Cheung & Jian Chang, 2007. "Sense and Nonsense on Asia's Export Dependency and The Decoupling Thesis," Working Papers 0703, Hong Kong Monetary Authority.
  4. Genberg, Hans & He, Dong & Leung, Frank, 2007. "Recent Performance Of The Hong Kong Dollar Linked Exchange Rate System," MPRA Paper 9440, University Library of Munich, Germany.

2006

  1. Richard Simper & Tom Weyman-Jones, 2006. "Evaluating Gains from Mergers in a Non-Parametric Public Good Model of Police Services," Discussion Paper Series 2006_9, Department of Economics, Loughborough University, revised Mar 2006.
  2. Dong He & Chang Shu & Raymond Yip & Wendy Cheng, 2006. "The Macroeconomic Impact on Hong Kong of Hypothetical Mainland Shocks," Working Papers 0515, Hong Kong Monetary Authority.
  3. Dong He & Wenlang Zhang & Jimmy Shek, 2006. "How Efficient Has Been China's Investment? Empirical Evidence from National and Provincial Data," Working Papers 0619, Hong Kong Monetary Authority.
  4. He, Dong & Yong, Ivy & Lim, Peter, 2006. "Financial sector output and employment in Hong Kong and New York City," MPRA Paper 9441, University Library of Munich, Germany.
  5. Wang, Honglin & Dong, Xiaoxia & Huang, Jikun & Rozelle, Scott & Reardon, Thomas, 2006. "Producing and Procuring Horticultural Crops with Chinese Characteristics: Why Small Farmers Are Thriving and Supermarkets Are Absent in Rural China," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25762, International Association of Agricultural Economists.
  6. Wang, Honglin & Xiang, Qing & Reardon, Thomas, 2006. "Market Power and Supply Shocks: Evidence from the Orange Juice Market," Staff Papers 11508, Michigan State University, Department of Agricultural, Food, and Resource Economics.

2005

  1. Leigh M. Drake & Maximilian J. B. Hall & Richard Simper, 2005. "The Impact of Macroeconomic and Regulatory Factors on Bank Efficiency: A Non-Parametric Analysis of Hong Kong's Banking System," Working Papers 012005, Hong Kong Institute for Monetary Research.
  2. Dong He & Carmen Chu & Chang Shu & Amy Wong, 2005. "Monetary Management in Mainland China in the Face of Large Capital Inflows," Working Papers 0507, Hong Kong Monetary Authority.
  3. He, Dong & Yao, Effie & Li, Kim-hung, 2005. "The growth of consumer credit in Asia," MPRA Paper 9442, University Library of Munich, Germany.
  4. Neven, David & Reardon, Thomas & Chege, Jonathan & Wang, Honglin, 2005. "Supermarkets And Consumers In Africa: The Case Of Nairobi, Kenya," Staff Papers 11584, Michigan State University, Department of Agricultural, Food, and Resource Economics.
  5. Neven, David & Reardon, Thomas & Odera, Michael M. & Wang, Honglin, 2005. "Farm-Level Perspectives On The Impact Of Domestic Supermarkets On Kenya'S Fresh Fruits And Vegetables Supply System," Staff Papers 11667, Michigan State University, Department of Agricultural, Food, and Resource Economics.

2004

  1. Stefan N. Ingves & Steven A. Seelig & Dong He, 2004. "Issues in the Establishment of Asset Management Companies," IMF Policy Discussion Papers 04/3, International Monetary Fund.
  2. Dong He, 2004. "The Role of KAMCO in Resolving Nonperforming Loans in the Republic of Korea," IMF Working Papers 04/172, International Monetary Fund.
  3. He, Dong & Tressel, Thierry, 2004. "A Family Divided-Labor Market Duality in Korea," MPRA Paper 9757, University Library of Munich, Germany.
  4. Reardon, Thomas & Berdegue, Julio A. & Lundy, Mark & Schutz, Paul & Balsevich, Fernando & Hernandez, Ricardo & Perez, Edwin & Jano, Pilar & Wang, Honglin, 2004. "Supermarkets and Rural Livelihoods: A Research Method," Staff Papers 11818, Michigan State University, Department of Agricultural, Food, and Resource Economics.

2003

  1. He, Dong, 2003. "Budget Formulation and Implementation in Korea: A Macroeconomic Perspective," MPRA Paper 9756, University Library of Munich, Germany.

2002

  1. He, Dong, 2002. "Resolving Non-performing Assets of the Indian Banking System," MPRA Paper 9758, University Library of Munich, Germany.

2000

  1. Dong He, 2000. "Emergency Liquidity Support Facilities," IMF Working Papers 00/79, International Monetary Fund.

1999

  1. Celasun, Oya & Denizer, Cevdet & Dong He, 1999. "Capital flows, macroeconomic management, and the financial system - Turkey, 1989-97," Policy Research Working Paper Series 2141, The World Bank.
  2. He, Dong, 1999. "Turkey - Inflation and the Distribution of Income," MPRA Paper 9759, University Library of Munich, Germany.

1994

  1. Boltho, Andrea & Dadush, Uri & Dong He & Shigeru Otsubo, 1994. "China's emergence : prospects, opportunities, and challenges," Policy Research Working Paper Series 1339, The World Bank.

1993

  1. Dong He & Pardy, Robert, 1993. "Stock market development and financial deepening in developing countries : some correlation patterns," Policy Research Working Paper Series 1084, The World Bank.

Journal articles

2014

  1. He, D., 2014. "The effects of macroprudential policies on housing market risks: evidence from Hong Kong," Financial Stability Review, Banque de France, issue 18, pages 105-120, April.

2013

  1. Dong He, 2013. "Hong Kong’s Approach to Financial Stability," International Journal of Central Banking, International Journal of Central Banking, vol. 9(1), pages 299-313, March.
  2. Wang, Honglin & Iglesias, Emma M. & Wooldridge, Jeffrey M., 2013. "Partial maximum likelihood estimation of spatial probit models," Journal of Econometrics, Elsevier, vol. 172(1), pages 77-89.

2012

  1. Dong He & Wei Liao, 2012. "Asian Business Cycle Synchronization," Pacific Economic Review, Wiley Blackwell, vol. 17(1), pages 106-135, 02.
  2. Dong He & Robert N McCauley, 2012. "Eurodollar banking and currency internationalisation," BIS Quarterly Review, Bank for International Settlements, June.
  3. He, Dong & Wang, Honglin, 2012. "Dual-track interest rates and the conduct of monetary policy in China," China Economic Review, Elsevier, vol. 23(4), pages 928-947.
  4. Dong He & Lillian Cheung & Wenlang Zhang & Tommy Wu, 2012. "How would Capital Account Liberalization Affect China's Capital Flows and the Renminbi Real Exchange Rates?," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 20(6), pages 29-54, November.

2011

  1. Kenjegalieva, Karligash A. & Simper, Richard, 2011. "A productivity analysis of Central and Eastern European banking taking into account risk decomposition and environmental variables," Research in International Business and Finance, Elsevier, vol. 25(1), pages 26-38, January.
  2. Muliaman Hadad & Maximilian Hall & Karligash Kenjegalieva & Wimboh Santoso & Richard Simper, 2011. "Productivity changes and risk management in Indonesian banking: a Malmquist analysis," Applied Financial Economics, Taylor & Francis Journals, vol. 21(12), pages 847-861.
  3. Muliaman Hadad & Maximilian Hall & Karligash Kenjegalieva & Wimboh Santoso & Richard Simper, 2011. "Banking efficiency and stock market performance: an analysis of listed Indonesian banks," Review of Quantitative Finance and Accounting, Springer, vol. 37(1), pages 1-20, July.
  4. Hall, Maximilian J.B. & Kenjegalieva, Karligash A. & Simper, Richard, 2011. "An alternative to the weighted score card approach to measuring performance: An analysis of English and Welsh probation boards," Socio-Economic Planning Sciences, Elsevier, vol. 45(4), pages 184-193, December.
  5. He, Dong, 2011. "Asian regional policy coordination - commentary," Proceedings, Federal Reserve Bank of San Francisco, issue Nov, pages 293-299.

2010

  1. He, Dong & Zhang, Wenlang, 2010. "How dependent is the Chinese economy on exports and in what sense has its growth been export-led?," Journal of Asian Economics, Elsevier, vol. 21(1), pages 87-104, February.

2009

  1. Drake, Leigh & Hall, Maximilian J.B. & Simper, Richard, 2009. "Bank modelling methodologies: A comparative non-parametric analysis of efficiency in the Japanese banking sector," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 19(1), pages 1-15, February.
  2. Kenjegalieva, Karligash & Simper, Richard & Weyman-Jones, Tom & Zelenyuk, Valentin, 2009. "Comparative analysis of banking production frameworks in eastern european financial markets," European Journal of Operational Research, Elsevier, vol. 198(1), pages 326-340, October.
  3. Karligash Kenjegalieva & Richard Simper & Thomas Weyman-Jones, 2009. "Efficiency of transition banks: inter-country banking industry trends," Applied Financial Economics, Taylor & Francis Journals, vol. 19(19), pages 1531-1546.
  4. Dong He & Zhiwei Zhang & Wenlang Zhang, 2009. "How Large Will Be The Effect Of China'S Fiscal Stimulus Package On Output And Employment?," Pacific Economic Review, Wiley Blackwell, vol. 14(5), pages 730-744, December.
  5. Wang, Honglin & Dong, Xiaoxia & Rozelle, Scott & Huang, Jikun & Reardon, Thomas, 2009. "Producing and Procuring Horticultural Crops with Chinese Characteristics: The Case of Northern China," World Development, Elsevier, vol. 37(11), pages 1791-1801, November.
  6. Neven, David & Odera, Michael Makokha & Reardon, Thomas & Wang, Honglin, 2009. "Kenyan Supermarkets, Emerging Middle-Class Horticultural Farmers, and Employment Impacts on the Rural Poor," World Development, Elsevier, vol. 37(11), pages 1802-1811, November.

2008

  1. Richard SIMPER & Thomas WEYMAN-JONES, 2008. "Evaluating Gains From Mergers In A Non-Parametric Public Good Model Of Police Services," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 79(1), pages 3-33, 03.
  2. Dong He & Laurent L. Pauwels, 2008. "What Prompts the People's Bank of China to Change Its Monetary Policy Stance? Evidence from a Discrete Choice Model," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 16(6), pages 1-21.
  3. Eddie Yue and Dong He, 2008. "The Future of the Renminbi and Its Impact on the Hong Kong Dollar," Cato Journal, Cato Journal, Cato Institute, vol. 28(2), pages 197-203, Winter.

2007

  1. Dong He & Wenlang Zhang & Jimmy Shek, 2007. "How Efficient Has Been China'S Investment? Empirical Evidence From National And Provincial Data," Pacific Economic Review, Wiley Blackwell, vol. 12(5), pages 597-617, December.

2006

  1. Drake, Leigh & Hall, Maximilian J.B. & Simper, Richard, 2006. "The impact of macroeconomic and regulatory factors on bank efficiency: A non-parametric analysis of Hong Kong's banking system," Journal of Banking & Finance, Elsevier, vol. 30(5), pages 1443-1466, May.
  2. Jikun Huang & Scott Rozelle & Honglin Wang, 2006. "Fostering Or Stripping Rural China: Modernizing Agriculture And Rural To Urban Capital Flows," The Developing Economies, Institute of Developing Economies, vol. 44(1), pages 1-26.

2005

  1. Drake, Leigh M. & Simper, Richard, 2005. "Police Efficiency in Offences Cleared: An Analysis of English "Basic Command Units"," International Review of Law and Economics, Elsevier, vol. 25(2), pages 186-208, June.
  2. Leigh M. Drake & Richard Simper, 2005. "The Measurement Of Police Force Efficiency: An Assessment Of U.K. Home Office Policy," Contemporary Economic Policy, Western Economic Association International, vol. 23(4), pages 465-482, October.

2004

  1. Leigh M. Drake & Richard Simper, 2004. "The economics of managerialism and the drive for efficiency in policing," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 25(8), pages 509-523.
  2. Dinghuan Hu & Thomas Reardon & Scott Rozelle & Peter Timmer & Honglin Wang, 2004. "The Emergence of Supermarkets with Chinese Characteristics: Challenges and Opportunities for China's Agricultural Development," Development Policy Review, Overseas Development Institute, vol. 22, pages 557-586, 09.

2003

  1. Drake, Leigh M. & Simper, Richard, 2003. "An evaluation in the choice of inputs and outputs in the efficiency measurement of police forces," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 32(6), pages 701-710, December.
  2. Drake, Leigh & Simper, R., 2003. "The measurement of English and Welsh police force efficiency: A comparison of distance function models," European Journal of Operational Research, Elsevier, vol. 147(1), pages 165-186, May.

2002

  1. Drake, Leigh & Simper, Richard, 2002. "Economies of scale in UK building societies: A re-appraisal using an entry/exit model," Journal of Banking & Finance, Elsevier, vol. 26(12), pages 2365-2382.
  2. Leigh Drake & Richard Simper, 2002. "X-efficiency and scale economies in policing: a comparative study using the distribution free approach and DEA," Applied Economics, Taylor & Francis Journals, vol. 34(15), pages 1859-1870.

2001

  1. Leigh Drake & Richard Simper, 2001. "The Economic Evaluation of Policing Activity: An Application of a Hybrid Methodology," European Journal of Law and Economics, Springer, vol. 12(3), pages 173-192, November.

2000

  1. Drake, Leigh & Simper, Richard, 2000. "Productivity estimation and the size-efficiency relationship in English and Welsh police forces: An application of data envelopment analysis and multiple discriminant analysis," International Review of Law and Economics, Elsevier, vol. 20(1), pages 53-73, March.

1999

  1. Richard Simper, 1999. "Economies of scale in the Italian saving bank industry," Applied Financial Economics, Taylor & Francis Journals, vol. 9(1), pages 11-19.

Chapters

2013

  1. Dong He, 2013. "Property prices, inflation, and policy challenges in Hong Kong," BIS Papers chapters, in: Bank for International Settlements (ed.), Globalisation and inflation dynamics in Asia and the Pacific, volume 70, pages 181-184 Bank for International Settlements.
  2. Dong He, 2013. "Measuring economic slack in emerging Asian economies," BIS Papers chapters, in: Bank for International Settlements (ed.), Globalisation and inflation dynamics in Asia and the Pacific, volume 70, pages 1-2 Bank for International Settlements.

2012

  1. Qianying Chen & Andrew Filardo & Dong He & Feng Zhu, 2012. "International spillovers of central bank balance sheet policies," BIS Papers chapters, in: Bank for International Settlements (ed.), Are central bank balance sheets in Asia too large?, volume 66, pages 220-264 Bank for International Settlements.