The role of oil price shocks on China's real exchange rate

Amano, 1998, Oil prices and the rise and fall of the US real exchange rate, Journal of International Money and Finance, 17, 299, 10.1016/S0261-5606(98)00004-7 Amisano, 1997 Andrews, 1993, Tests for parameter instability and structural change without unknown change point, Econometrica, 61, 821, 10.2307/2951764 Bjornland, 2004, The role of the exchange rate as a shock absorber in a small open economy, Open Economies Review, 15, 23, 10.1023/B:OPEN.0000009423.30895.fe Blanchard, 1989, The dynamic effects of aggregate demand and supply disturbances, American Economic Review, 79, 655 Campbell, 1991, Pitfalls and opportunities: What macroeconomists should know about unit roots?, NBER Macroeconomics Annual, 6 Chaudhuri, 1998, Long-run equilibrium real exchange rates and oil prices, Economics Letters, 56, 231, 10.1016/S0165-1765(97)00282-6 Chen, 2004, Real exchange rate fluctuations and monetary shocks: A revisit, International Journal of Finance and Economics, 9, 25, 10.1002/ijfe.218 Chen, 1997, Sources of real exchange-rate fluctuations: Empirical evidence from four Pacific Basin countries, Southern Economic Journal, 63, 776, 10.2307/1061109 Chinn, M. (2005). A primer on real effective exchange rates: Determinants, overvaluation, trade flows and competitive devaluation. NBER Working Paper No. 11521. Clarida, R. & Gali, J. (1994). Sources of real exchange rate fluctuations: How important are nominal shocks? NBER Working Paper No. 4685. Dibooglu, 2001, The behavior of the real exchange rate under fixed and floating exchange rate regimes, Open Economies Review, 12, 123, 10.1023/A:1008394128869 Dornbusch, 1976, Expectations and exchange rate dynamics, Journal of Political Economy, 84, 1161, 10.1086/260506 Evans, 1993, The response of exchange rates to permanent and transitory shocks under floating exchange rates, Journal of International Money and Finance, 12, 563, 10.1016/0261-5606(93)90026-8 Frankel, 1996, A panel project on purchasing power parity: Mean reversion within and between countries, Journal of International Economics, 40, 209, 10.1016/0022-1996(95)01396-2 Goldstein, M. & Lardy, N. (2006). China's exchange rate policy dilemma. American Economic Association 2006 Conference Paper. Hamilton, 1996, This is what happened to the oil price–macroeconomy relationship?, Journal of Monetary Economics, 38, 195, 10.1016/S0304-3932(96)01282-2 Hamilton, J. (2002). What is an oil shock? NBER Working Paper No. 7755. Hoffmaister, 2001, The sources of macroeconomic fluctuations in developing countries: Brazil and Korea, Journal of Macroeconomics, 23, 213, 10.1016/S0164-0704(01)00162-8 Hooker, 2002, Are oil shocks inflationary? Asymmetric and nonlinear specifications versus change in regime, Journal of Money, Credit and Banking, 34, 540, 10.1353/mcb.2002.0041 Huang, 2004, Exchange rate regimes: China's experience and choices, China Economic Review, 15, 336, 10.1016/j.chieco.2004.04.003 Im, 2003, Testing for unit roots in heterogeneous panels, Journal of Econometrics, 115, 53, 10.1016/S0304-4076(03)00092-7 Johansen, 1990, The full information maximum likelihood procedure for inference on cointegration with application to the demand for money, Oxford Bulletin of Economics and Statistics, 52, 169, 10.1111/j.1468-0084.1990.mp52002003.x Krugman, P. (1980). Oil and the dollar. NBER Working 554. MacDonald, 1998, What determines real exchange rates? The long and the short of it, Journal of International Financial Markets, Institutions, and Money, 8, 117, 10.1016/S1042-4431(98)00028-6 Stockman, 1980, A theory of exchange rate determination, Journal of Political Economy, 88, 673, 10.1086/260897 Zhang, 2004, Determination of China's long-run nominal exchange rate and official intervention, China Economic Review, 15, 360, 10.1016/j.chieco.2004.04.002 Zhang, 2001, Real exchange rate misalignment in China: An empirical investigation, Journal of Comparative Economics, 29, 80, 10.1006/jcec.2000.1705 Zhou, 1995, The response of real exchange rates to various economic shocks, Southern Economic Journal, 61, 936, 10.2307/1060733