Issue No. 1 – Oct 2006

Editor: Chan Sau San

Application of “Value Chain” to Vertical Diversification of the Macao Economy
K.H. Lei-Research and Statistics Department, Monetary Authority of Macao

A Note on Income Convergence among China, Hong Kong and Macao
Chun Kwok Le-Faculty of Business Administration, University of Macau
Shujie Yao-Business School, Middlesex University, the UK

How Do Banks in Macao Manage Their Funds - A Balance Sheet Approach
L.K. Vong-Research and Statistics Department, Monetary Authority of Macao


The Macao Monetary Research Bulletin contains research articles prepared by academics in the fields of economics and finance, invited specialists and staff economists in the AMCM. The Editor also welcomes paper contributions to this Bulletin. Please send manuscript copies by e-mail to . The views expressed in the articles of this Bulletin are those of the authors and do not represent those of the Monetary Authority of Macao. Reprinting of any figures or statements contained herein is permitted provided that proper attribution is given to the Macao Monetary Research Bulletin.

Last revision: 2016-01-12 17:56:15