Does the law of one price hold better under a flexible exchange rate system?
Date
2009
Authors
Bae, Sung C.
Li, Mingsheng
Shi, Jing
Journal Title
Journal ISSN
Volume Title
Publisher
Elsevier
Abstract
Using China's recent exchange rate system reform as a special event, we investigate two issues pertinent to the change in the exchange rate system: how the documented price discounts on Chinese foreign shares (B- and H-shares) changed after China shifted
Description
Keywords
Keywords: Exchange rate system; Investor expectation and attitude effect; Law of one price; Price discounts of Chinese foreign shares
Citation
Collections
Source
Journal of Multinational Financial Management
Type
Journal article
Book Title
Entity type
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Restricted until
2037-12-31