Spillover effects of RMB exchange rate among B&R countries: Before and during COVID-19 event

The proposal of "The Belt and Road" (The B&R) Initiative has promoted regional economic cooperation and financial integration. It is crucial to measure the volatility spillover effects among "The B&R" currency market. Results from the time-varying spillover model show tha...

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Detalles Bibliográficos
Autores principales: Wei, Zhixi, Luo, Yu, Huang, Zili, Guo, Kun
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier Inc. 2020
Materias:
Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7525334/
https://www.ncbi.nlm.nih.gov/pubmed/33013238
http://dx.doi.org/10.1016/j.frl.2020.101782
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author Wei, Zhixi
Luo, Yu
Huang, Zili
Guo, Kun
author_facet Wei, Zhixi
Luo, Yu
Huang, Zili
Guo, Kun
author_sort Wei, Zhixi
collection PubMed
description The proposal of "The Belt and Road" (The B&R) Initiative has promoted regional economic cooperation and financial integration. It is crucial to measure the volatility spillover effects among "The B&R" currency market. Results from the time-varying spillover model show that "The B&R" system spillover index reflects some sudden regional crises. Likewise, the spillover of RMB exchange rate is affected by internal financial reforms as well as external economic shocks. Further, the recent outbreak of the COVID-19 has disrupted this system and the influence of RMB.
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spelling pubmed-75253342020-09-30 Spillover effects of RMB exchange rate among B&R countries: Before and during COVID-19 event Wei, Zhixi Luo, Yu Huang, Zili Guo, Kun Financ Res Lett Article The proposal of "The Belt and Road" (The B&R) Initiative has promoted regional economic cooperation and financial integration. It is crucial to measure the volatility spillover effects among "The B&R" currency market. Results from the time-varying spillover model show that "The B&R" system spillover index reflects some sudden regional crises. Likewise, the spillover of RMB exchange rate is affected by internal financial reforms as well as external economic shocks. Further, the recent outbreak of the COVID-19 has disrupted this system and the influence of RMB. Elsevier Inc. 2020-11 2020-09-30 /pmc/articles/PMC7525334/ /pubmed/33013238 http://dx.doi.org/10.1016/j.frl.2020.101782 Text en © 2020 Elsevier Inc. All rights reserved. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Article
Wei, Zhixi
Luo, Yu
Huang, Zili
Guo, Kun
Spillover effects of RMB exchange rate among B&R countries: Before and during COVID-19 event
title Spillover effects of RMB exchange rate among B&R countries: Before and during COVID-19 event
title_full Spillover effects of RMB exchange rate among B&R countries: Before and during COVID-19 event
title_fullStr Spillover effects of RMB exchange rate among B&R countries: Before and during COVID-19 event
title_full_unstemmed Spillover effects of RMB exchange rate among B&R countries: Before and during COVID-19 event
title_short Spillover effects of RMB exchange rate among B&R countries: Before and during COVID-19 event
title_sort spillover effects of rmb exchange rate among b&r countries: before and during covid-19 event
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7525334/
https://www.ncbi.nlm.nih.gov/pubmed/33013238
http://dx.doi.org/10.1016/j.frl.2020.101782
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AT huangzili spillovereffectsofrmbexchangerateamongbrcountriesbeforeandduringcovid19event
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