Hui Tong

Names

Identifer

Contact

Affiliations

• International Monetary Fund (IMF) / Research Department
  • EDIRC entry
  • location:

Research profile

author of:

• Social Value of Public Information: Morris and Shin (2002) Is Actually Pro-Transparency, Not Con: Reply
  American Economic Review, American Economic Association (2006)
  by Stephen Morris & Hyun Song Shin & Hui Tong
  (ReDIF-article, aea:aecrev:v:96:y:2006:i:1:p:453-455)
• Did Unconventional Interventions Unfreeze the Credit Market?
  American Economic Journal: Macroeconomics, American Economic Association (2020)
  by Hui Tong & Shang-Jin Wei
  (ReDIF-article, aea:aejmac:v:12:y:2020:i:2:p:284-309)
• How China is Reorganizing the World Economy
  Asian Economic Policy Review, Japan Center for Economic Research (2006)
  by Barry EICHENGREEN & Hui TONG
  (ReDIF-article, bla:asiapr:v:1:y:2006:i:1:p:73-97)
• Stock Prices in the Presence of Liquidity Crises: The Effect of Creditor Protection
  Economica, London School of Economics and Political Science (2014)
  by Galina Hale & Assaf Razin & Hui Tong
  (ReDIF-article, bla:econom:v:81:y:2014:i:322:p:329-347)
• Debt and Currency Crises—Complements or Substitutes?
  Review of International Economics, Wiley Blackwell (2008)
  by Bernhard Herz & Hui Tong
  (ReDIF-article, bla:reviec:v:16:y:2008:i:5:p:955-970)
• The impact of yuan revaluation on the Asian region
  Bank of England working papers, Bank of England (2007)
  by Glenn Hoggarth & Hui Tong
  (ReDIF-paper, boe:boeewp:329)
• The Impact of Creditor Protection on Stock Prices in the Presence of Credit Crunches
  CESifo Working Paper Series, CESifo (2011)
  by Galina Hale & Assaf Razin & Hui Tong
  (ReDIF-paper, ces:ceswps:_3440)
• The Impact of Creditor Protection on Stock Prices in the Presence of Liquidity Crises: Theory and Cross-country Evidence
  CESifo Working Paper Series, CESifo (2012)
  by Galina Hale & Assaf Razin & Hui Tong
  (ReDIF-paper, ces:ceswps:_3765)
• Institutional Weakness and Stock Price Volatility
  CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006)
  by Razin, Assaf & Hale, Galina & Tong, Hui
  (ReDIF-paper, cpr:ceprdp:5651)
• Credit Constraints and Stock Price Volatility
  CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007)
  by Razin, Assaf & Hale, Galina & Tong, Hui
  (ReDIF-paper, cpr:ceprdp:6310)
• Creditor Protection and Stock Price Volatility
  CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007)
  by Razin, Assaf & Hale, Galina & Tong, Hui
  (ReDIF-paper, cpr:ceprdp:6540)
• Creditor Protection, Contagion, and Stock Market Price Volatility
  CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008)
  by Razin, Assaf & Hale, Galina & Tong, Hui
  (ReDIF-paper, cpr:ceprdp:6658)
• The Misfortune of Non-financial Firms in a Financial Crisis: Disentangling Finance and Demand Shocks
  CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009)
  by Wei, Shang-Jin & Tong, Hui
  (ReDIF-paper, cpr:ceprdp:7208)
• The Impact of Creditor Protection on Stock Prices in the Presence of Credit Crunches
  CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009)
  by Razin, Assaf & Hale, Galina & Tong, Hui
  (ReDIF-paper, cpr:ceprdp:7357)
• U.S. Monetary Shocks and Global Stock Prices
  CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010)
  by Laeven, Luc & Tong, Hui
  (ReDIF-paper, cpr:ceprdp:8090)
• Does Trade Globalization Induce or Inhibit Corporate Transparency? Unbundling the Growth Potential and Product Market Competiti
  CEPR Discussion Papers, C.E.P.R. Discussion Papers (2012)
  by Wei, Shang-Jin & Tong, Hui
  (ReDIF-paper, cpr:ceprdp:8836)
• Fear of China
  Journal of Asian Economics, Elsevier (2006)
  by Eichengreen, Barry & Tong, Hui
  (ReDIF-article, eee:asieco:v:17:y:2006:i:2:p:226-240)
• Effects of renminbi appreciation on foreign firms: The role of processing exports
  Journal of Development Economics, Elsevier (2015)
  by Eichengreen, Barry & Tong, Hui
  (ReDIF-article, eee:deveco:v:116:y:2015:i:c:p:146-157)
• Endogenous corporate leverage response to a safer macro environment: The case of foreign exchange reserve accumulation
  Journal of International Economics, Elsevier (2021)
  by Tong, Hui & Wei, Shang-Jin
  (ReDIF-article, eee:inecon:v:132:y:2021:i:c:s0022199621000799)
• Disclosure standards and market efficiency: Evidence from analysts' forecasts
  Journal of International Economics, Elsevier (2007)
  by Tong, Hui
  (ReDIF-article, eee:inecon:v:72:y:2007:i:1:p:222-241)
• From the financial crisis to the real economy: Using firm-level data to identify transmission channels
  Journal of International Economics, Elsevier (2012)
  by Claessens, Stijn & Tong, Hui & Wei, Shang-Jin
  (ReDIF-article, eee:inecon:v:88:y:2012:i:2:p:375-387)
• Does trade globalization induce or inhibit corporate transparency? Unbundling the growth potential and product market competition channels
  Journal of International Economics, Elsevier (2014)
  by Tong, Hui & Wei, Shang-Jin
  (ReDIF-article, eee:inecon:v:94:y:2014:i:2:p:358-370)
• Bank size, capital, and systemic risk: Some international evidence
  Journal of Banking & Finance, Elsevier (2016)
  by Laeven, Luc & Ratnovski, Lev & Tong, Hui
  (ReDIF-article, eee:jbfina:v:69:y:2016:i:s1:p:s25-s34)
• US monetary shocks and global stock prices
  Journal of Financial Intermediation, Elsevier (2012)
  by Laeven, Luc & Tong, Hui
  (ReDIF-article, eee:jfinin:v:21:y:2012:i:3:p:530-547)
• Is China's FDI coming at the expense of other countries?
  Journal of the Japanese and International Economies, Elsevier (2007)
  by Eichengreen, Barry & Tong, Hui
  (ReDIF-article, eee:jjieco:v:21:y:2007:i:2:p:153-172)
• Is China’s FDI Coming at the Expense of Other Countries?
  Chapters, Edward Elgar Publishing (2007)
  by Barry Eichengreen & Hui Tong
  (ReDIF-chapter, elg:eechap:12860_11)
• The impact of creditor protection on stock prices in the presence of credit crunches
  Proceedings, Federal Reserve Bank of San Francisco (2009)
  by Galina Hale & Assaf Razin & Hui Tong
  (ReDIF-article, fip:fedfpr:y:2009:i:jan:x:6)
• The impact of creditor protection on stock prices in the presence of credit crunches
  Working Paper Series, Federal Reserve Bank of San Francisco (2011)
  by Galina Hale & Assaf Razin & Hui Tong
  (ReDIF-paper, fip:fedfwp:2011-13)
• Credit Crunch, Creditor Protection, and Asset Prices
  Working Papers, Hong Kong Institute for Monetary Research (2008)
  by Galina Hale & Assaf Razin & Hui Tong
  (ReDIF-paper, hkm:wpaper:162008)
• The Composition Matters: Capital Inflows and Liquidity Crunch during a Global Economic Crisis
  Working Papers, Hong Kong Institute for Monetary Research (2010)
  by Hui Tong & Shang-Jin Wei
  (ReDIF-paper, hkm:wpaper:172010)
• The Chinese Corporate Savings Puzzle: A Firm-Level Cross-Country Perspective
  Working Papers, Hong Kong Institute for Monetary Research (2012)
  by Tamim Bayoumi & Hui Tong & Shang-Jin Wei
  (ReDIF-paper, hkm:wpaper:202012)
• Bank Capital: A Seawall Approach
  International Journal of Central Banking, International Journal of Central Banking (2020)
  by Jihad Dagher & Giovanni Dell'Ariccia & Luc Laeven & Massimo Lev Ratnovski & Massimo Hui Tong
  (ReDIF-article, ijc:ijcjou:y:2020:q:1:a:7)
• Policies for Macrofinancial Stability: How to Deal with Credit Booms
  IMF Staff Discussion Notes, International Monetary Fund (2012)
  by Mr. Bas B. Bakker & Mr. Giovanni Dell'Ariccia & Mr. Luc Laeven & Mr. Jerome Vandenbussche & Ms. Deniz O Igan & Mr. Hui Tong
  (ReDIF-paper, imf:imfsdn:2012/006)
• Bank Size and Systemic Risk
  IMF Staff Discussion Notes, International Monetary Fund (2014)
  by Mr. Luc Laeven & Mr. Lev Ratnovski & Mr. Hui Tong
  (ReDIF-paper, imf:imfsdn:2014/004)
• Benefits and Costs of Bank Capital
  IMF Staff Discussion Notes, International Monetary Fund (2016)
  by Jihad Dagher & Mr. Giovanni Dell'Ariccia & Mr. Luc Laeven & Mr. Lev Ratnovski & Mr. Hui Tong
  (ReDIF-paper, imf:imfsdn:2016/004)
• Real Effects of the Subprime Mortgage Crisis: Is it a Demand or a Finance Shock?
  IMF Working Papers, International Monetary Fund (2008)
  by Mr. Hui Tong & Shang-Jin Wei
  (ReDIF-paper, imf:imfwpa:2008/186)
• The Composition Matters: Capital Inflows and Liquidity Crunch During a Global Economic Crisis
  IMF Working Papers, International Monetary Fund (2009)
  by Mr. Hui Tong & Shang-Jin Wei
  (ReDIF-paper, imf:imfwpa:2009/164)
• The Chinese Corporate Savings Puzzle: A Firm-level Cross-country Perspective
  IMF Working Papers, International Monetary Fund (2010)
  by Mr. Hui Tong & Shang-Jin Wei & Mr. Tamim Bayoumi
  (ReDIF-paper, imf:imfwpa:2010/275)
• U.S. Monetary Shocks and Global Stock Prices
  IMF Working Papers, International Monetary Fund (2010)
  by Mr. Luc Laeven & Mr. Hui Tong
  (ReDIF-paper, imf:imfwpa:2010/278)
• The External Impact of China'S Exchange Rate Policy: Evidence From Firm Level Data
  IMF Working Papers, International Monetary Fund (2011)
  by Mr. Barry J. Eichengreen & Mr. Hui Tong
  (ReDIF-paper, imf:imfwpa:2011/155)
• Did the Euro Crisis Affect Non-Financial Firm Stock Prices Through a Financial or Trade Channel?
  IMF Working Papers, International Monetary Fund (2011)
  by Mr. Stijn Claessens & Mr. Hui Tong & Mr. Igor Esteban Zuccardi Huertas
  (ReDIF-paper, imf:imfwpa:2011/227)
• How Does Post-Crisis Bank Capital Adequacy Affect Firm Investment?
  IMF Working Papers, International Monetary Fund (2015)
  by Yangfan Sun & Mr. Hui Tong
  (ReDIF-paper, imf:imfwpa:2015/145)
• Frontrunning the signals: As arbitrage between sophisticates
  Proceedings of the National Academy of Sciences, Proceedings of the National Academy of Sciences (2021)
  by George A. Akerlof & Hui Tong
  (ReDIF-article, nas:journl:v:118:y:2021:p:e2025524118)
• The Chinese Corporate Savings Puzzle: A Firm-level Cross-Country Perspective
  NBER Chapters, National Bureau of Economic Research, Inc (2012)
  by Tamim Bayoumi & Hui Tong & Shang-Jin Wei
  (ReDIF-chapter, nbr:nberch:12074)
• The Misfortune of Nonfinancial Firms in a Financial Crisis: Disentangling Finance and Demand Shocks
  NBER Chapters, National Bureau of Economic Research, Inc (2014)
  by Hui Tong & Shang-Jin Wei
  (ReDIF-chapter, nbr:nberch:12536)
• From the Financial Crisis to the Real Economy: Using Firm-level Data to Identify Transmission Channels
  NBER Chapters, National Bureau of Economic Research, Inc (2011)
  by Stijn Claessens & Hui Tong & Shang-Jin Wei
  (ReDIF-chapter, nbr:nberch:13170)
• The Impact of China on the Exports of Other Asian Countries
  NBER Working Papers, National Bureau of Economic Research, Inc (2004)
  by Barry Eichengreen & Yeongseop Rhee & Hui Tong
  (ReDIF-paper, nbr:nberwo:10768)
• Is China's FDI Coming at the Expense of Other Countries?
  NBER Working Papers, National Bureau of Economic Research, Inc (2005)
  by Barry Eichengreen & Hui Tong
  (ReDIF-paper, nbr:nberwo:11335)
• Bilateral FDI Flows: Threshold Barriers and Productivity Shocks
  NBER Working Papers, National Bureau of Economic Research, Inc (2005)
  by Assaf Razin & Efraim Sadka & Hui Tong
  (ReDIF-paper, nbr:nberwo:11639)
• Institutional Weakness and Stock Price Volatility
  NBER Working Papers, National Bureau of Economic Research, Inc (2006)
  by Galina Hale & Assaf Razin & Hui Tong
  (ReDIF-paper, nbr:nberwo:12127)
• Credit Constraints and Stock Price Volatility
  NBER Working Papers, National Bureau of Economic Research, Inc (2007)
  by Galina Hale & Assaf Razin & Hui Tong
  (ReDIF-paper, nbr:nberwo:13089)
• Liquidity, Institutional Quality and the Composition of International Equity Outflows
  NBER Working Papers, National Bureau of Economic Research, Inc (2008)
  by Itay Goldstein & Assaf Razin & Hui Tong
  (ReDIF-paper, nbr:nberwo:13723)
• Real Effects of the Subprime Mortgage Crisis: Is it a Demand or a Finance Shock?
  NBER Working Papers, National Bureau of Economic Research, Inc (2008)
  by Hui Tong & Shang-Jin Wei
  (ReDIF-paper, nbr:nberwo:14205)
• The Impact of Credit Protection on Stock Prices in the Presence of Credit Crunches
  NBER Working Papers, National Bureau of Economic Research, Inc (2009)
  by Galina Hale & Assaf Razin & Hui Tong
  (ReDIF-paper, nbr:nberwo:15141)
• The Composition Matters: Capital Inflows and Liquidity Crunch during a Global Economic Crisis
  NBER Working Papers, National Bureau of Economic Research, Inc (2009)
  by Hui Tong & Shang-Jin Wei
  (ReDIF-paper, nbr:nberwo:15207)
• Liquidity, Institutional Quality and the Composition of International Equity Flows
  NBER Working Papers, National Bureau of Economic Research, Inc (2010)
  by Itay Goldstein & Assaf Razin & Hui Tong
  (ReDIF-paper, nbr:nberwo:15727)
• The Chinese Corporate Savings Puzzle: A Firm-level Cross-country Perspective
  NBER Working Papers, National Bureau of Economic Research, Inc (2010)
  by Tamim Bayoumi & Hui Tong & Shang-Jin Wei
  (ReDIF-paper, nbr:nberwo:16432)
• From the Financial Crisis to the Real Economy: Using Firm-level Data to Identify Transmission Channels
  NBER Working Papers, National Bureau of Economic Research, Inc (2011)
  by Stijn Claessens & Hui Tong & Shang-Jin Wei
  (ReDIF-paper, nbr:nberwo:17360)
• The External Impact of China's Exchange Rate Policy: Evidence from Firm Level Data
  NBER Working Papers, National Bureau of Economic Research, Inc (2011)
  by Barry Eichengreen & Hui Tong
  (ReDIF-paper, nbr:nberwo:17593)
• Does Trade Globalization Induce or Inhibit Corporate Transparency? Unbundling the Growth Potential and Product Market Competition Channels
  NBER Working Papers, National Bureau of Economic Research, Inc (2011)
  by Hui Tong & Shang-Jin Wei
  (ReDIF-paper, nbr:nberwo:17631)
• Endogenous Corporate Leverage Response to a Safer Macro Environment: The Case of Foreign Exchange Reserve Accumulation
  NBER Working Papers, National Bureau of Economic Research, Inc (2019)
  by Hui Tong & Shang-Jin Wei
  (ReDIF-paper, nbr:nberwo:26545)
• Financial Looting and Controls on Resident Outflows
  NBER Working Papers, National Bureau of Economic Research, Inc (2025)
  by Bo Li & Alessandro Rebucci & Hui Tong
  (ReDIF-paper, nbr:nberwo:33406)
• Bilateral FDI Flows: Threshold Barriers and Productivity Shocks
  CESifo Economic Studies, CESifo Group (2008)
  by Assaf Razin & Efraim Sadka & Hui Tong
  (ReDIF-article, oup:cesifo:v:54:y:2008:i:3:p:451-470)
• Credit booms and macrofinancial stability
  Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH (2016)
  by Giovanni Dell’Ariccia & Deniz Igan & Luc Laeven & Hui Tong
  (ReDIF-article, oup:ecpoli:v:31:y:2016:i:86:p:299-355.)
• The Composition Matters: Capital Inflows and Liquidity Crunch During a Global Economic Crisis
  The Review of Financial Studies, Society for Financial Studies (2011)
  by Hui Tong & Shang-Jin Wei
  (ReDIF-article, oup:rfinst:v:24:y:2011:i:6:p:2023-2052)
• Stock Market Volatility and Monetary Policy: What the Historical Record Shows
  RBA Annual Conference Volume (Discontinued), Reserve Bank of Australia (2003)
  by Barry Eichengreen & Hui Tong
  (ReDIF-chapter, rba:rbaacv:acv2003-07)
• Systemic Liquidity and the Composition of Foreign Investment: Theory and Empirical Evidence
  2007 Meeting Papers, Society for Economic Dynamics (2007)
  by Hui Tong & Assaf Razin & Itay Goldstein
  (ReDIF-paper, red:sed007:290)
• China and the Exports of Other Asian Countries
  Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy) (2007)
  by Barry Eichengreen & Yeongseop Rhee & Hui Tong
  (ReDIF-article, spr:weltar:v:143:y:2007:i:2:p:201-226)
• Saving the Euro: Mitigating Financial or Trade Spillovers?
  Journal of Money, Credit and Banking, Blackwell Publishing (2015)
  by Stijn Claessens & Hui Tong & Igor Zuccardi
  (ReDIF-article, wly:jmoncb:v:47:y:2015:i:7:p:1369-1402)