Long, Shaobo; Zhang, Mengxue; Li, Keaobo; Wu, Shuyu - In: Financial innovation : FIN 7 (2021), pp. 1-21
global commodity prices on China's stock prices. Our findings show that without considering the critical variable of global … commodity prices, there is no cointegration relationship between the RMB exchange rate and China's stock prices, and the … coefficient of the RMB exchange rate is not statistically significant. However, when we introduce global commodity prices into the …