• Banking cost efficiency in China: an ownership and time series comparison

      Sun, Maoyuan (Auckland University of Technology, 2006)
      This paper examines the ownership effect on Chinese banking cost efficiency over the period of 1998-2005. After controlling for loan quality, liquidity, capitalization and output mix, the empirical results suggest that ...
    • Do option traders know better about volatility forecasting?

      Chen, Cheny (Auckland University of Technology, 2006)
      This dissertation examines European-style call covered warrants traded on the Hong Kong Exchanges and Clearing (HKEx) and the Singapore Exchange (SGX). The concept of implied volatility is derived from the Black-Scholes ...
    • Monetary policy in China: the Fisher effect

      Peng, Yan (Auckland University of Technology, 2007)
      This paper analyzes the Fisher effect and tests the validity of the Fisher hypothesis in China. Taking into consideration the short run dynamics of interest rates, we examine the Fisherian link in China by assessing the ...