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The recent wave of foreign investment in China's banks and the prospects of further opening of...

The paper finds significant deviations between short-term emerging market real interest rates and...

Substantial effort has been devoted to reforming China's banking system in recent years. The...

The behavior of equity prices is analyzed in a general equilibrium model where agents have...

This paper proposes a framework for comovements of asset prices with seemingly unrelated...

Soon after Korea agreed to an IMF-supported program, Seoul Bank and Korea First Bank were...