Li Lian Ong

The Big Mac Index

Applications of Purchasing Power Parity

This book demonstrates the applications of Purchasing Power Parity (PPP) in exchange rate determination as well as more practical applications of sala...

Macroprudential Liquidity Stress Testing in FSAPs for Systemically Important Financial Systems

Bank liquidity stress testing, which has become de rigueur following the costly lessons of the global financial crisis, remains underdeveloped compare...

Ms. Muffet, the Spider(gram) and the Web of Macro-Financial Linkages

The global financial crisis has underscored the importance of understanding macro-financial developments and spillovers in an increasingly interconnec...

Asia’s Stock Markets

Are There Crouching Tigers and Hidden Dragons?

Stock markets play a key role in corporate financing in Asia. However, despite their increasing importance in terms of size and cross-border investmen...

The Role of Mature Market Mutual Funds in Emerging Markets

Myth Or Mayhem?

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