Do Hong Kong SAR and China Constitute An Optimal Currency Area? An Empirical Test of the Generalized Purchasing Power Parity Hypothesis

Author/Editor: Liang, Hong
Publication Date: June 01, 1999
Electronic Access: Free Full text (PDF file size is 767KB).
Use the free Adobe Acrobat Reader to view this PDF file

Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
Series: Working Paper No. 99/79
Subject(s): Currencies | China | Hong Kong SAR | Real effective exchange rates | Purchasing power parity | Monetary unions | Economic models

Publication Date: June 01, 1999
Format: Paper
Stock No: WPIEA0791999
US$15.00 (Academic Rate:
US$15.00 )
Price Delivery Note: Prepayment required for individual copies. An annual subscription is $375.00 a year. It includes 12 monthly shipments and priority mail delivery. The Stock No. for the subscription is WPEA
Please address any questions about this title to