Yin-Wong Cheung

Qualifications

PhD - PhD (University of Pennsylvania, PA, USA) MA - Economics (University of Essex) BSocSc - Economics (University of Hong Kong)

Biography

Yin-Wong Cheung obtained his Bachelor and Masters Degrees, respectively, from the University of Hong Kong and the University of Essex. After graduating from the University of Pennsylvania in 1990, Cheung joined the University of California in Santa Cruz. Cheung is a professor in the Economics Department at the University of California, Santa Cruz. He has been appointed as the vice chair of the Department, served on various departmental and university committees, and directed Masters and Ph.D. theses.

Currently, Cheung is the Hung Hing Ying Chair Professor of International Economics, Department of Economics and Finance, City University of Hong Kong. Concurrently, Cheung is member of the Council of Advisers, HKIMR/HKMA, a Research Fellow of the CESifo in Germany, a founding and board member of the Methods in International Finance Network in Europe, and a Chair Professor of the Shandong University. Cheung is included in The America’s Registry of Outstanding Professionals, the Academic Keys Who's Who in Social Sciences Higher Education, Who’s Who in Economics, Who’s Who in America, and Who’s Who in the World. Cheung's areas of research include econometrics, applied econometrics, exchange rate dynamics, asset pricing, output fluctuation, and economic issues in Asian Economies. His research results have been published in over 100 refereed articles, which appeared in more than 40 academic journals including Econometric Theory, Game and Economic Behavior, Journal of Business & Economics Statistics, Journal of Econometrics, Journal of International Economics, and Journal of Finance. Cheung coauthored a book on Financial Options (in Chinese) and a book on The Economic Integration of Greater China. He also co-edited the following books: China and Asia: Economic and Financial Interactions, China and Asia in the Global Economy, and The Evolving Role of Asia in Global Finance. Cheung’s research is characterized by state-of-the-art empirical methodologies applied to long-outstanding but unresolved issues and to important new research topics. His research is of great interest to academics and policy makers, and helps shape the debates by emphasizing what conclusions can and cannot be drawn from the data. He has been an extremely influential and recognized researcher; he is consistently ranked among the world’s top 5% of economists according to a widely used ranking of economists that employs a composite index of citation-based rankings (total citations, citations adjusted for co-authorship, …, etc.). In fact, Cheung ranks among the top 5% of economists on 33 of the 34 different individual ranking systems reported by RePEc, which has more than 30,000 registered economists and is one of largest “Web of World Repositories.” Note that Cheung still ranks among the top 5% of all economists even when citations are weighted by the number of coauthors. Further, he is on the list of top 5% authors in the field of International Finance (Research Papers in Economics, http://ideas.repec.org/top/top.ifn.html; ranked 22 in October 2009), In general, Cheung’s publications were well cited in the profession and in several prominent review articles and books. He is also, for example on the lists of a) the Top 1000 authors in terms of JF-equivalent pages in a set of 16 core finance journals, 1990-2001 (http://academic.udayton.edu/CarlChen/Chan%20Research/1000.htm, ranked 250), b) the Top 1000 Economists (Tom Coupe, 2002, “Worldwide Rankings of Economists and Economics Departments”), c) the Top 500 Economists (http://student.vub.ac.be/~tcoupe/update/authorsarticles.html), d) the 2002 Thomson ISI 100 Most-Cited Researchers in Economics (http://www.in-cites.com/nobel/2002-nobel-eco-top100.html, ranked 61), e) the 2003 Thomson ISI 100 Most-Cited Researchers in Economics (http://www.in-cites.com/nobel/2003-eco-top100.html, ranked 33), and f) the list of individuals by the number of all econometric articles, 1989–2005 (Badi H. Baltagi, Worldwide Econometrics Rankings: 1989–2005, Econometric Theory, 2007). His work on the finite sample critical values was incorporated in the econometric packages including STATA and TSP. Besides academic venues, Cheung’s research has been cited by, for example, the ChinAfrica, the Economist, the U.S. News & World Report, CFA Magazine, and the US government 2007 Congressional Research Service Report to the Congress and awarded the Citation of Excellence Award, offered by the ANBAR Electronic Intelligence, WWW.anbar.co.uk/awards/citations. Cheung has reviewed more than 500 articles and proposals and served as a referee for more than 80 different journals and grant agencies. He also has served on the editorial boards of ten journals. Cheung has presented his research results at academic and research institutions and conferences in Canada, Denmark, Finland, France, Germany, India, Italy, Luxembourg, The Netherlands, Norway, Spain, United States, China, Hong Kong, Japan, Korea, Malaysia, Singapore, Taiwan, Turkey, Australia, and New Zealand. He has given invited lecture series and keynotes in France, Germany, Luxembourg, China, and Taiwan. Some research grant awards include the Center for German and European Studies Grant, UC Pacific Rim Research Grant, and Strategic Research Grant. Cheung was the president (2007) and vice president (2001, 2002) of the Chinese Economic Association in North America (CEANA). He was the Executive Committee member (2005-2007) of the Asia-Pacific Economic Association. During 2010-11, he was the first Co-Director of the Sury Initiative for Global Finance and International Risk Management (SIGFIRM), and a member of its steering committee and Co-Director elected (2009-10). Cheung was very successful in launching SIGFIRM.

Publications

Journal Publications and Reviews

Cheung, Yin-Wong; Wang, Wenhao / A Jackknife Model Averaging Analysis of RMB Misalignment Estimates. June 2020; In: Journal of International Commerce, Economics and Policy. Vol. 11, No. 2

Cheung, Yin-Wong; Steinkamp, Sven; Westermann, Frank / Capital flight to Germany: Two alternative measures. April 2020; In: Journal of International Money and Finance. Vol. 102

Aizenman, Joshua; Cheung, Yin-Wong / Overview: Global safe assets, international reserves, and capital flow. April 2020; In: Journal of International Money and Finance. Vol. 102

Aizenman, Joshua; Cheung, Yin-Wong; Qian, XingWang / The currency composition of international reserves, demand for international reserves, and global safe assets. April 2020; In: Journal of International Money and Finance. Vol. 102

Cheung, Yin-Wong; Steinkamp, Sven; Westermann, Frank / A Tale of Two Surplus Countries: China and Germany. February 2020; In: Open Economies Review. Vol. 31, No. 1, pp. 131-158

Cheung, Yin-Wong; McCauley, Robert N; Shu, Chang / Geographic Spread of Currency Trading: The Renminbi and Other Emerging Market Currencies. October 2019; In: China and World Economy. Vol. 27, No. 5, pp. 25-36

Cheung, Yin-Wong; He, Shi / Truths and Myths About RMB Misalignment: A Meta-analysis. September 2019; In: Comparative Economic Studies. Vol. 61, No. 3, pp. 464–492

Chinn, Menzie; Cheung, Yin-Wong / Exchange rate models for a new era: Major and emerging market currencies. July 2019; In: Journal of International Money and Finance. Vol. 95, pp. 295-296

Cheung, Yin-Wong; Chinn, Menzie D.; Pascual, Antonio Garcia; Zhang, Yi / Exchange rate prediction redux: New models, new data, new currencies. July 2019; In: Journal of International Money and Finance. Vol. 95, pp. 332-362

Cheung, Yin-Wong; Fatum, Rasmus; Yamamoto, Yohei / The exchange rate effects of macro news after the global Financial Crisis. July 2019; In: Journal of International Money and Finance. Vol. 95, pp. 424-443

Cheung, Yin-Wong; Qian, Xingwang; Remolona, Eli / Hoarding of international reserves: It's a neighbourly day in Asia. May 2019; In: Pacific Economic Review. Vol. 24, No. 2, pp. 208-240

Aizenman, Joshua; Cheung, Yin-Wong; Ito, Hiro / The Interest Rate Effect on Private Saving: Alternative Perspectives. February 2019; In: Journal of International Commerce, Economics and Policy. Vol. 10, No. 1

Cheung, Yin-Wong; Hui, Cho-Hoi; Tsang, Andrew / The RMB central parity formation mechanism: August 2015 to December 2016. September 2018; In: Journal of International Money and Finance. Vol. 86, pp. 223-243

Cheung, Yin-Wong; Hui, Cho-Hoi; Tsang, Andrew / Renminbi central parity: An empirical investigation. May 2018; In: Pacific Economic Review. Vol. 23, No. 2, pp. 164-183

Aizenman, Joshua; Cheung, Yin-Wong; Chantapacdepong, Pornpinun / Special issue: Implications of ultra-low and negative interest rates. February 2018; In: Pacific Economic Review. Vol. 23, No. 1, pp. 3-7

Cheung, Yin-Wong; Chinn, Menzie; Nong, Xin / Estimating currency misalignment using the Penn effect: It is not as simple as it looks. December 2017; In: International Finance. Vol. 20, No. 3, pp. 222-242

Cheung, Yin-Wong; Yiu, Matthew S. / Offshore renminbi trading: Findings from the 2013 Triennial Central Bank Survey. December 2017; In: International Economics. Vol. 152, pp. 9-20

Cheung, Yin-Wong; Chow, Kenneth K.; Yiu, Matthew S. / Effects of capital flow on the equity and housing markets in Hong Kong. August 2017; In: Pacific Economic Review. Vol. 22, No. 3, pp. 332-349

Lin, Zhitao; Zhan, Wenjie; Cheung, Yin-Wong / China's Bilateral Currency Swap Lines. November 2016; In: China and World Economy. Vol. 24, No. 6, pp. 19-42

Aizenman, Joshua; Cheung, Yin-Wong; de Haan, Jakob / The new normal: An introduction to the special issue. September 2016; In: Journal of International Money and Finance. Vol. 66, pp. 1-4

Cheung, Yin-Wong; Chinn, Menzie D.; Qian, Xingwang / China–US trade flow behavior: the implications of alternative exchange rate measures and trade classifications. February 2016; In: Review of World Economics. Vol. 152, No. 1, pp. 43-67

Cheung, Yin-Wong; Steinkamp, Sven; Westermann, Frank / China's capital flight: Pre- and post-crisis experiences. 2016; In: Journal of International Money and Finance. Vol. 66, pp. 88-112

Aizenman, Joshua; Cheung, Yin-Wong; Ito, Hiro / International reserves before and after the global crisis: Is there no end to hoarding?. April 2015; In: Journal of International Money and Finance. Vol. 52, pp. 102-126

Aizenman, Joshua; Cheung, Yin-Wong; Chinn, Menzie D. / Overview: Pacific Rim economies and the evolution of the international monetary architecture. December 2014; In: Journal of International Money and Finance. Vol. 49, No. Part A, pp. 1-4

Cheung, Yin-Wong; Rime, Dagfinn / The offshore renminbi exchange rate: Microstructure and links to the onshore market. December 2014; In: Journal of International Money and Finance. Vol. 49, No. PA, pp. 170-189

Cheung, Yin-Wong; Fujii, Eiji / The Penn effect within a country: evidence from Japan. October 2014; In: Oxford Economic Papers. Vol. 66, No. 4, pp. 1070 - 1089

Cheung, Yin-Wong; de Haan, Jakob; Qian, Xingwang; Yu, Shu / The Missing link: China's Contracted engineering projects in Africa. August 2014; In: Review of Development Economics. Vol. 18, No. 3, pp. 564-580

Cheung, Yin-Wong; Fujii, Eiji / Exchange rate misalignment estimates-sources of differences. March 2014; In: International Journal of Finance and Economics. Vol. 19, No. 2, pp. 91-121

Cheung, Yin-Wong; Herrala, Risto / China's capital controls: Through the prism of covered interest differentials. February 2014; In: Pacific Economic Review. Vol. 19, No. 1, pp. 112-134

Cheung, Yin-Wong; Sengupta, Rajeswari / Impact of exchange rate movements on exports: An analysis of Indian non-financial sector firms. December 2013; In: Journal of International Money and Finance. Vol. 39, pp. 231-245

Binici, Mahir; Cheung, Yin-Wong; Lai, Kon S. / Trade openness, market competition, and inflation: Some sectoral evidence from oecd countries. October 2012; In: International Journal of Finance and Economics. Vol. 17, No. 4, pp. 321-336

Cheung, Yan-Leung; Cheung, Yin-Wong; He, Angela W.W. / Yen carry trades and stock returns in target currency countries. August 2012; In: Japan and the World Economy. Vol. 24, No. 3, pp. 174-183

Cheung, Yin-Wong; De Haan, Jakob; Qian, Xingwang; Yu, Shu / China's Outward Direct Investment in Africa. May 2012; In: Review of International Economics. Vol. 20, No. 2, pp. 201-220

Binici, Mahir; Cheung, Yin-Wong / Exchange rate dynamics under alternative optimal interest rate rules. January 2012; In: Pacific Basin Finance Journal. Vol. 20, No. 1, pp. 122-150

Cheung, Yin-Wong; Chinn, Menzie D.; Qian, XingWang / Are Chinese trade flows different?. 2012; In: Journal of International Money and Finance. Vol. 31, No. 8, pp. 2127-2146

Cheung, Yin-Wong; Chung, Sang-Kuck / A Long Memory Model with Normal Mixture GARCH. November 2011; In: Computational Economics. Vol. 38, No. 4, pp. 517-539

Chen, Xiaoli; Cheung, Yin-Wong / Renminbi Going Global. March 2011; In: China and World Economy. Vol. 19, No. 2, pp. 1-18

Cheung, Yin-Wong; Ma, Guonan; McCauley, Robert N. / Renminbising China's foreign assets. February 2011; In: Pacific Economic Review. Vol. 16, No. 1, pp. 1-17

Cheung, Yin-Wong; Sengupta, Rajeswari / Accumulation of reserves and keeping up with the Joneses: The case of LATAM economies. January 2011; In: International Review of Economics and Finance. Vol. 20, No. 1, pp. 19-31

Bergman, U. Michael; Cheung, Yin-Wong; Lai, Kon S. / The common-trend and transitory dynamics in real exchange rate fluctuations. January 2011; In: Applied Economics. Vol. 43, No. 1, pp. 1-18

Cheung, Yin-Wong; Qian, XingWang / Capital flight: China's experience. May 2010; In: Review of Development Economics. Vol. 14, No. 2, pp. 227-247

Cheung, Yan-Leung; Cheung, Yin-Wong; He, Angela W.W.; Wan, Alan T.K. / A trading strategy based on Callable Bull/Bear Contracts. April 2010; In: Pacific Basin Finance Journal. Vol. 18, No. 2, pp. 186-198

CHEUNG, Yin Wong; Chiinn, Menzie; Fujii, Eiji / Measuring Renminbi Misalignment: Where Do We Stand?. 2010; In: Journal of the Korean Economy. Vol. 11, No. 2, pp. 263 - 296

Cheung, Yin-Wong; Ito, Hiro / A cross-country empirical analysis of international reserves. December 2009; In: International Economic Journal. Vol. 23, No. 4, pp. 447-481

Cheung, Yin-Wong; Friedman, Daniel / Speculative attacks: A laboratory study in continuous time. October 2009; In: Journal of International Money and Finance. Vol. 28, No. 6, pp. 1064-1082

Cheung, Yan-Leung; Cheung, Yin-Wong; Wan, Alan T. K. / A high-low model of daily stock price ranges. March 2009; In: Journal of Forecasting. Vol. 28, No. 2, pp. 103-119

Cheung, Yin-Wong; Yiu, Matthew S.; Chow, Kenneth K. / A factor analysis of trade integration: The case of Asian and Oceanic economies. 2009; In: Economie Internationale. Vol. 119, No. 3, pp. 5-23

Cheung, Yin-Wong; Qian, Xingwang / Empirics of China's outward direct investment. 2009; In: Pacific Economic Review. Vol. 14, No. 3, pp. 312-341

Cheung, Yin-Wong; Qian, Xingwang / Hoarding of international reserves: Mrs Machlup's Wardrobe and the Joneses. 2009; In: Review of International Economics. Vol. 17, No. 4, pp. 824-843

Cheung, Yin-Wong; Chinn, Menzie D.; Fujii, Eiji / Pitfalls in measuring exchange rate misalignment: The Yuan and other currencies. 2009; In: Open Economies Review. Vol. 20, No. 2, pp. 183-206

Cheung, Yin-Wong; Lai, Kon S. / Nominal exchange rate flexibility and real exchange rate adjustment: New evidence from dual exchange rates in developing countries. August 2008; In: Japan and the World Economy. Vol. 20, No. 3, pp. 415-434

Cheung, Yin-Wong; Tam, Dickson C.; Yiu, Matthew S. / Does the Chinese interest rate follow the US interest rate?. January 2008; In: International Journal of Finance and Economics. Vol. 13, No. 1, pp. 53-67

Cheung, Yin-Wong; Chinn, Menzie D.; Fujii, Eiji / The fog encircling the renminbi debate. December 2007; In: Singapore Economic Review. Vol. 52, No. 3, pp. 403-418

Cheung, Yin-Wong; Chinn, Menzie D.; Fujii, Eiji / The overvaluation of Renminbi undervaluation. September 2007; In: Journal of International Money and Finance. Vol. 26, No. 5, pp. 762-785

Cheung, Yan-Leung; Cheung, Yin-Wong; Ng, Chris C. / East Asian equity markets, financial crises, and the Japanese currency. March 2007; In: Journal of the Japanese and International Economies. Vol. 21, No. 1, pp. 138-152

Cheung, Yin-Wong / An empirical model of daily highs and lows. January 2007; In: International Journal of Finance and Economics. Vol. 12, No. 1, pp. 1-20

CHEUNG, YIN-WONG; LAI, KON S. / A Reappraisal of the Border Effect on Relative Price Volatility. December 2006; In: International Economic Journal. Vol. 20, No. 4, pp. 495-513

Cheung, Yin-Wong; Fujii, Eiji / Cross-country relative price volatility: Effects of market structure. November 2006; In: Review of International Economics. Vol. 14, No. 5, pp. 836-848

Cheung, Yin-Wong; Chinn, Menzie D.; Fujii, Eiji / The Chinese economies in global context: The integration process and its determinants. March 2006; In: Journal of the Japanese and International Economies. Vol. 20, No. 1, pp. 128-153

Cheung, Yin-Wong; Chinn, Menzie D.; Pascual, Antonio Garcia / Empirical exchange rate models of the nineties: Are any fit to survive?. November 2005; In: Journal of International Money and Finance. Vol. 24, No. 7, pp. 1150-1175

Cheung, Yin-Wong / An analysis of Hong Kong export performance. October 2005; In: Pacific Economic Review. Vol. 10, No. 3, pp. 323-340

Cheung, Yin-Wong; Erlandsson, Ulf G. / Exchange rates and markov switching dynamics. July 2005; In: Journal of Business and Economic Statistics. Vol. 23, No. 3, pp. 314-320

Cheung, Yin-Wong; Chinn, Menzie D.; Fujii, Eiji / Dimensions of financial integration in Greater China: Money markets, banks and policy effects. April 2005; In: International Journal of Finance and Economics. Vol. 10, No. 2, pp. 117-132

Cheung, Yin-Wong / Recent advances in international finance: Introduction. February 2005; In: Pacific Economic Review. Vol. 10, No. 1, pp. 1-3

Cheung, Yin-Wong; Yuen, Jude / The suitability of a Greater China currency union. February 2005; In: Pacific Economic Review. Vol. 10, No. 1, pp. 83-103

Cheung, Yin-Wong; Lai, Kon S.; Bergman, Michael / Dissecting the PPP puzzle: The unconventional roles of nominal exchange rate and price adjustments. October 2004; In: Journal of International Economics. Vol. 64, No. 1, pp. 135-150

Cheung, Yin-Wong; Chinn, Menzie D.; Marsh, Ian W. / How do UK-based foreign exchange dealers think their market operates?. October 2004; In: International Journal of Finance and Economics. Vol. 9, No. 4, pp. 289-306

Cheung, Yin-Wong; Pascual, Antonio Garcia / Testing for output convergence: A re-examination. January 2004; In: Oxford Economic Papers. Vol. 56, No. 1, pp. 45-63

Cheung, Yin-Wong; Westermann, Frank / Sectoral trends and cycles in Germany. January 2003; In: Empirical Economics. Vol. 28, No. 1, pp. 141-156

Cheung, Yin-Wong; Chinn, Menzie D.; Fujii, Eiji / China, Hong Kong, and Taiwan: A quantitative assessment of real and financial integration. 2003; In: China Economic Review. Vol. 14, No. 3, pp. 281-303

Cheung, Yin-Wong; Westermann, Frank / Output dynamics of the G7 countries - Stochastic trends and cyclical movements. December 2002; In: Applied Economics. Vol. 34, No. 18, pp. 2239-2247

Cheung, Yin-Wong / Hong Kong output dynamics: An empirical analysis. October 2002; In: Pacific Economic Review. Vol. 7, No. 3, pp. 465-487

Cheung, Yin-Wong; Yuen, Jude / Effects of U.S. inflation on Hong Kong and Singapore. September 2002; In: Journal of Comparative Economics. Vol. 30, No. 3, pp. 603-619

Cheung, Yin-Wong; Chinn, Menzie David / Currency traders and exchange rate dynamics: A survey of the US market. August 2001; In: Journal of International Money and Finance. Vol. 20, No. 4, pp. 439-471

Cheung, Yin-Wong; Fujii, Eiji / A note on the power of money-output causality tests. May 2001; In: Oxford Bulletin of Economics and Statistics. Vol. 63, No. 2, pp. 247-261

Cheung, Yin-Wong; Lai, Kon S. / Long memory and nonlinear mean reversion in Japanese yen-based real exchange rates. February 2001; In: Journal of International Money and Finance. Vol. 20, No. 1, pp. 115-132

Cheung, Yin-Wong; Chinn, Menzie; Fujii, Eiji / Market structure and the persistence of sectoral real exchange rates. 2001; In: International Journal of Finance and Economics. Vol. 6, No. 2, pp. 95-114

Cheung, Yin-Wong; Wong, Clement Yuk-Pang / A survey of market practitioners' views on exchange rate dynamics. August 2000; In: Journal of International Economics. Vol. 51, No. 2, pp. 401-419

Cheung, Yin-Wong; Lai, Kon S. / On cross-country differences in the persistence of real exchange rates. April 2000; In: Journal of International Economics. Vol. 50, No. 2, pp. 375-397

Cheung, Yin-Wong; Fujii, Eiji / Which measure of aggregate output should we use?. March 2000; In: Journal of Macroeconomics. Vol. 22, No. 2, pp. 253-269

Cheung, Yin-Wong; Westermann, Frank / Does Austria respond to the German or the US business cycle?. 2000; In: International Journal of Finance and Economics. Vol. 5, No. 1, pp. 33-42

Cheung, Yin-Wong; Lai, Kon S / On the purchasing power parity puzzle. 2000; In: Journal of International Economics. Vol. 52, No. 2, pp. 321-330

Cheung, Yin-Wong; Westermann, Frank / An analysis of German effects on the Austrian business cycle. 1999; In: Weltwirtschaftliches Archiv. Vol. 135, No. 3, pp. 522-531

Cheung, Yin-Wong; Lai, Kon S. / Macroeconomic determinants of long-term stock market comovements among major EMS countries. 1999; In: Applied Financial Economics. Vol. 9, No. 1, pp. 73-85

Cheung, Y. W.; Chinn, M. D. / Integration, cointegration and the forecast consistency of structural exchange rate models. October 1998; In: Journal of International Money and Finance. Vol. 17, No. 5, pp. 813-830

Cheung, Yin-Wong; Ng, Lilian K. / International evidence on the stock market and aggregate economic activity. September 1998; In: Journal of Empirical Finance. Vol. 5, No. 3, pp. 281-296

Cheung, Yin-Wong; Lai, Kon S. / Parity reversion in real exchange rates during the post-Bretton Woods period. August 1998; In: Journal of International Money and Finance. Vol. 17, No. 4, pp. 597-614

Cheung, Yin-Wong; Lai, Kon S. / Economic growth and stationarity of real exchange rates: Evidence from some fast-growing Asian countries. May 1998; In: Pacific Basin Finance Journal. Vol. 6, No. 1-2, pp. 61-76

Cheung, Yin-Wong; Friedman, Daniel / A comparison of learning and replicator dynamics using experimental data. April 1998; In: Journal of Economic Behavior and Organization. Vol. 35, No. 3, pp. 263-280

Cheung, Yin-Wong; Lai, Kon S. / Power of the augmented dickey-fuller test with information-based lag selection. 1998; In: Journal of Statistical Computation and Simulation. Vol. 60, No. 1, pp. 57-65

Cheung, Yin-Wong; He, Jia; Ng, Lilian K. / What are the global sources of rational variation in international equity returns?. December 1997; In: Journal of International Money and Finance. Vol. 16, No. 6, pp. 821-836

Cheung, Yin-Wong; Friedman, Daniel / Individual Learning in Normal Form Games: Some Laboratory Results. April 1997; In: Games and Economic Behavior. Vol. 19, No. 1, pp. 46-76

Cheung, Yin-Wong; He, Jia; Ng, Lilian K. / Common predictable components in regional stock markets. January 1997; In: Journal of Business and Economic Statistics. Vol. 15, No. 1, pp. 35-42

Cheung, Yin-Wong; Chinn, Menzie D. / Further investigation of the uncertain unit root in GNP. January 1997; In: Journal of Business and Economic Statistics. Vol. 15, No. 1, pp. 68-73

Cheung, Yin-Wong; Lai, Kon S. / Bandwidth selection, prewhitening, and the power of the Phillips-Perron test. 1997; In: Econometric Theory. Vol. 13, No. 5, pp. 679-691

Cheung, Yin-Wong; Ng, Lilian K. / A causality-in-variance test and its application to financial market prices. May 1996; In: Journal of Econometrics. Vol. 72, No. 1-2, pp. 33-48

Cheung, Yin-Wong; Chinn, Menzie David / Deterministic, stochastic, and segmented trends in aggregate output: A cross-country analysis. January 1996; In: Oxford Economic Papers. Vol. 48, No. 1, pp. 134-162

Cheung, Yin-Wong / Stock market volatility and fractional integration. 1996; In: International Journal of Finance and Economics. Vol. 1, No. 4, pp. 263-273

Cheung, Yin‐Wong; Lai, Kon S. / ESTIMATING FINITE SAMPLE CRITICAL VALUES FOR UNIT ROOT TESTS USING PURE RANDOM WALK PROCESSES: A NOTE. September 1995; In: Journal of Time Series Analysis. Vol. 16, No. 5, pp. 493-498

Cheung, Yin-Wong; Lai, Kon S. / A search for long memory in international stock market returns. August 1995; In: Journal of International Money and Finance. Vol. 14, No. 4, pp. 597-615

Cheung, Yin‐Wong; Lai, Kon S. / PRACTITIONERS CORNER: Lag Order and Critical Values of a Modified Dickey‐Fuller Test. August 1995; In: Oxford Bulletin of Economics and Statistics. Vol. 57, No. 3, pp. 411-419

CHEUNG, Yin-Wong; La, Kon S. / Lag order and critical values of the augmented dickey-fuller test. July 1995; In: Journal of Business and Economic Statistics. Vol. 13, No. 3, pp. 277-280

Cheung, Yin-Wong; Fung, Hung-Gay; Kon S. Lai, S. Lai; Lo, Wai-Chung / Purchasing power parity under the European Monetary System. April 1995; In: Journal of International Money and Finance. Vol. 14, No. 2, pp. 179-189

Cheung, Yin-Wong; Chinn, Menzie David; Tran, Tuan / How sensitive are trends to data definitions Results for East Asian and G5 countries. January 1995; In: Applied Economics Letters. Vol. 2, No. 1, pp. 1-6

Cheung, Yin-Wong; Lai, Kon S. / Mean reversion in real exchange rates. November 1994; In: Economics Letters. Vol. 46, No. 3, pp. 251-256

Cheung, Yin-Wong; Diebold, Francis X. / On maximum likelihood estimation of the differencing parameter of fractionally-integrated noise with unknown mean. June 1994; In: Journal of Econometrics. Vol. 62, No. 2, pp. 301-316

Cheung, Yin-Wong / Aggregate output dynamics in the twentieth century. May 1994; In: Economics Letters. Vol. 45, No. 1, pp. 15-22

Cheung, Yin-Wong; He, Jia; Ng, Lilian / Pacific-Basin stock markets and real activity. May 1994; In: Pacific-Basin Finance Journal. Vol. 2, No. 2-3, pp. 349-373

Cheung, Yin‐Wong; Lai, Kon S. / FINITE‐SAMPLE SIZES OF JOHANSEN's LIKELIHOOD RATIO TESTS FOR COINTEGRATION. August 1993; In: Oxford Bulletin of Economics and Statistics. Vol. 55, No. 3, pp. 313-328

Cheung, Yin‐Wong / TESTS FOR FRACTIONAL INTEGRATION: A MONTE CARLO INVESTIGATION. July 1993; In: Journal of Time Series Analysis. Vol. 14, No. 4, pp. 331-345

Cheung, Yin‐Wong; Lai, Kon S. / Do Gold Market Returns Have Long Memory?. May 1993; In: Financial Review. Vol. 28, No. 2, pp. 181-202

Cheng, Yin-Wong / Exchange rate risk premiums. April 1993; In: Journal of International Money and Finance. Vol. 12, No. 2, pp. 182-194

Cheung, Yin-Wong; Lai, Kon S. / Long-run purchasing power parity during the recent float. February 1993; In: Journal of International Economics. Vol. 34, No. 1-2, pp. 181-192

CHEUNG, Yin-Wong; Lai, Kon S. / A fractional cointegration analysis of purchasing power parity. January 1993; In: Journal of Business and Economic Statistics. Vol. 11, No. 1, pp. 103-112

CHEUNG, Yin-Wong / Long memory in foreign-exchange rates. January 1993; In: Journal of Business and Economic Statistics. Vol. 11, No. 1, pp. 93-101

CHEUNG, YIN‐WONG; NG, LILIAN K. / Stock Price Dynamics and Firm Size: An Empirical investigation. December 1992; In: The Journal of Finance. Vol. 47, No. 5, pp. 1985-1997

Cheung, Yin-Wong; Lai, Kon S. / International evidence on output persistence from postwar data. April 1992; In: Economics Letters. Vol. 38, No. 4, pp. 435-441

Chapters, Conference Papers, Creative and Literary Works

Cheung, Yin-Wong; Gardeazabal, Javier; Vazquez, Jesus / Exchange rate dynamics: Where is the saddle path?. November 2017; Critical Issues in China's Growth and Development. pp. 201-216

HAZARI, Bharat Raj; CHEUNG, Yin-Wong / Introduction. May 2015; International trade: critical concepts in economics. pp. 1-6

CHEUNG, YIN-WONG / The Role of Offshore Financial Centers in the Process of Renminbi Internationalization. February 2015; RENMINBI INTERNALIZATION: Achievements, Prospects, and Challenges. pp. 207-235

CHEUNG, Yin-Wong; HUI, Miao / The offshore RMB market in Hong Kong and RMB Internationalization. January 2014; The Oxford handbook of the economics of the Pacific Rim. pp. 681-698

CHEUNG, Yin-Wong; Jakob, de Haan; Qian, XingWang; Yu, Shu / China’s investments in Africa. November 2012; The evolving role of China in the global economy. pp. 419-444

CHEUNG, Yin-Wong; Jakob, de Haan / Introduction. November 2012; The evolving role of China in the global economy. pp. 1-14

Cheung, Yin-Wong / Exchange Rate Misalignment-The Case of the Chinese Renminbi. October 2012; Handbook of Exchange Rates. pp. 751-765

Cheung, Yin-Wong; Chinn, Menzie D.; Fujii, Eiji / A note on the debate over Renminbi undervaluation. January 2011; China and Asia in the Global Economy. pp. 155-187

Cheung, Yin-Wong; Qian, Xingwang / Deviations from covered interest parity: The case of China. 2011; The Evolving Role of Asia in Global Finance. Vol. 9, pp. 369-386

Cheung, Yin-Wong; Kakkar, Vikas; Ma, Guonan / Introduction: The evolving role of Asia in global finance. 2011; The Evolving Role of Asia in Global Finance. Vol. 9, pp. xxi-xxviii

Cheung, Yin-Wong; Chinn, Menzie D.; Fujii, Eiji / The illusion of precision and the role of the renminbi in regional integration. 2009; Towards Monetary and Financial Integration in East Asia. pp. 325-356

Cheung, Yin-Wong; Wong, Kar-Yiu / Introduction. December 2008; China and Asia: Economic and Financial Interactions. pp. 1-4

Cheung, Yin-Wong; Ito, Hiro / Hoarding of international reserves: A comparison of the Asian and Latin American experiences. January 2008; Exchange Rate, Monetary and Financial Issues and Policies in Asia. pp. 77-116

Cheung, Yin-Wong; Chinn, Menzie D.; Fujii, Eiji / The fog encircling the renminbi debate. January 2008; Exchange Rate Systems and Policies in Asia. pp. 119-134

Chinn, Menzie D.; Cheung, Yin-Wong / The Renminbi. 2007; Oxford Bibliographies in Chinese studies.

Scholarly Books, Monographs, Reports and Case Studies

Cheung, Yin-Wong; Hazari, Bharat R / Surveys of International Trade. May 2019;

Cheung, Yin-Wong; Westermann, Frank / International Currency Exposure. July 2017;

Cheung, Yin-Wong; Chow, Kenneth K.; Qin, Fengming / The RMB exchange rate: Past, current, and future. December 2016;

HAZARI, Bharat Raj; CHEUNG, Yin-Wong / International trade: critical concepts in economics. 2015;

CHEUNG, Yin-Wong; Chow, Kenneth K.; Yiu, Matthew S. / Capital Inflows and Hong Kong. November 2014;

CHEUNG, Yin-Wong; WONG, Kar Yiu / China and Asia: economic and financial interactions. 2013;

CHEUNG, Yin-Wong; WESTERMANN, Frank / Global interdependence, decoupling and recoupling. 2013;

CHEUNG, Yin-Wong; Jakob, De Haan / The evolving role of China in the global economy. 2013;

Cheung, Yin-Wong; Ma, Guonan / China and Asia in the global economy. January 2011;

CHEUNG, Yin Wong / Asia and China in the global economy. 2011;

KAKKAR, Vikas; CHEUNG, Y W; MA, G N / The evolving role of Asia in global finance. 2011;

Cheung, Yin-Wong; Wong, Kar-Yiu / China and Asia: Economic and financial interactions. 2009;

Cheung, Yin-Wong; Chinn, Menzie D.; Fujii, Eiji / The economic integration of greater China: Real and financial linkages and the prospects for currency union. January 2007

Research Areas

• Econometrics
• Applied Econometrics
• Exchange Rate Dynamics
• Financial Price Behavior Output Fluctuation