Paul Luk

Hong Kong Institute for Monetary and Financial Research

Hong Kong

SCHOLARLY PAPERS

10

DOWNLOADS

404

SSRN CITATIONS

0

CROSSREF CITATIONS

5

Scholarly Papers (10)

1.

A Model of Chinese Capital Account Liberalisation

Hong Kong Institute for Monetary and Financial Research (HKIMR) Research Paper WP No. 12/2013
Number of pages: 41 Posted: 19 Aug 2013
Dong He and Paul Luk
Hong Kong Monetary Authority and Hong Kong Institute for Monetary and Financial Research
Downloads 136 (289,096)
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China, country portfolios, capital account liberalization, renminbi internationalization

2.

The Internationalisation of the Renminbi as an Investing and a Funding Currency: Analytics and Prospects

Hong Kong Institute for Monetary and Financial Research (HKIMR) Research Paper WP No. 01/2015
Number of pages: 36 Posted: 17 Jan 2015
Dong He, Paul Luk and Wenlang Zhang
International Monetary Fund (IMF) - Monetary and Exchange Affairs Department, Hong Kong Institute for Monetary and Financial Research and Independent
Downloads 125 (307,977)

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3.

Debt and International Reserves in Emerging Markets: Output Externalities or Precautionary Savings?

Number of pages: 50 Posted: 28 Sep 2020 Last Revised: 16 Nov 2020
Sang Seok Lee, Paul Luk and Ju Hyun Pyun
Bilkent University, Hong Kong Institute for Monetary and Financial Research and Korea University Business School (KUBS)
Downloads 44 (547,476)

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Debt; International reserves; Small open economy model; Interest rate premium; Precautionary savings; Output externality; Regime-switching; Emerging market

4.

A Robust Textual Analysis of the Dynamics of Hong Kong Property Market

Hong Kong Institute for Monetary and Financial Research (HKIMR) Research Paper WP No. 08/2021
Number of pages: 45 Posted: 11 May 2021
Hong Kong Monetary Authority - Research Department, Hong Kong Monetary Authority, Hong Kong Institute for Monetary and Financial Research and Hong Kong Monetary Authority
Downloads 42 (557,353)

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property market, nowcasting, textual analysis, sentiment

5.

Debt Deleveraging and the Zero Bound: Potentially Perverse Effects of Real Exchange Rate Movements

Hong Kong Institute for Monetary and Financial Research (HKIMR) Research Paper WP No. 20/2014
Number of pages: 37 Posted: 27 Aug 2014
Paul Luk and David Vines
Hong Kong Institute for Monetary and Financial Research and University of Oxford - Balliol College - Department of Economics
Downloads 39 (572,554)

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Global Imbalances, Debt Deleveraging, Liquidity Trap, Real Exchange Rate

6.

Chained Financial Contracts and Global Banks

Economics Letters, Vol. 129, 2015
Number of pages: 10 Posted: 13 Nov 2015
Paul Luk
Hong Kong Institute for Monetary and Financial Research
Downloads 16 (726,438)

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Financial accelerators, banks, chained credit contracts.

7.

Optimal Monetary and Fiscal Policy in an Economy with Endogenous Public Debt

CEPR Discussion Paper No. DP10580
Number of pages: 63 Posted: 12 May 2015
Paul Luk and David Vines
Hong Kong Institute for Monetary and Financial Research and University of Oxford - Balliol College - Department of Economics
Downloads 2 (862,356)
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fiscal policy, government debt, monetary policy, New Keynesian model

8.

Output Concerns and Precautionary Savings in Emerging Markets' Debt and Reserve Accumulation

CEPR Discussion Paper No. DP16969
Number of pages: 63 Posted: 04 Feb 2022
Bilkent University - Department of Economics, Bilkent University, Hong Kong Institute for Monetary and Financial Research and Korea University Business School (KUBS)
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emerging markets, External Debt, International Reserves, Mercantilism, Output Externalities, precautionary savings, Real interest rate, Regime-Switching Small Open Economy Model, Sudden stops

9.

The Optimal Coordination of Fiscal and Monetary Policy in a New Keynesian Framework

CEPR Discussion Paper No. DP10895
Number of pages: 29 Posted: 20 Oct 2015
Paul Luk and David Vines
Hong Kong Institute for Monetary and Financial Research and University of Oxford - Balliol College - Department of Economics
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fiscal policy, monetary policy, New Keynesian model

10.

Optimal Monetary and Fiscal Policy in an Economy with Inflation Persistence

CEPR Discussion Paper No. DP10586
Number of pages: 26 Posted: 12 May 2015
Paul Luk and David Vines
Hong Kong Institute for Monetary and Financial Research and University of Oxford - Balliol College - Department of Economics
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fiscal policy, monetary policy, New Keynesian model, Phillips curve