Yue Ma and Shu-ki Tsang, Modern Currency Boards as Embedded Options, Presented at the Workshop "Hong Kong's Linked Exchange Rate System: The Way Forward', organized by the Hong Kong Economic Association and Lingnan University, Hong Kong, 1 June 2012.

Hong Kong Government, Stabilisation of the Exchange Rate, 1983.

Yue Ma, Shu-ki Tsang, Matthew S. Yiu and Wai-Yip Alex Ho, A Target-Zone Model with Two Types of Assets,  HKIMR Working Paper, 30/2010. 

Matthew S. Yiu, Wai-Yip Alex Ho, Yue Ma and Shu-ki Tsang, An Analytical Framework for the Hong Kong Dollar Exchange Rate Dynamics under Strong Capital Inflows,  HKMA Working Paper, 05/2010. 

Tsang Shu-ki, Reading Krugman and realising my AEL model was superior, 21 March 2010.

Tsang Shu-ki, Currency Board Systems and Hong Kong's Evolving Arrangements, A presentation at the Central Banking Course, Hong Kong Monetary Authority, 29 September 2009.

Richard C. K. Burdekin, Currency Boards versus Dollarization: Lessons from the Cooks Islands: , Cato Journal, Vol. 28, No. 1, Winter 2008.

Marius Jurgilas, Interbank Markets under Currency Boards, Working Paper 2006-19, Department of Economics, University of Connecticut, October 2006.

Joseph T. Salerno, Preventing Currency Crisis: The Currency Board versus the Currency Principle, November 2005.

George Selgin, Currency Privatization as a Substitute for Currency Boards and Dollarization, Cato Journal, Vol. 25, No. 1, Winter 2005.

Switgard Feuerstein and Oliver Grimm, On the Credibility of Currency Boards, CeGE Discussion Paper 36, September 2004.

Marie-Thérèse Camilleri Gilson, An Institutional Framework for Comparing Emerging Market Currency Boards, IMF Working Paper WP/04/180, September 2004.

David G. Mayes (editor), The Monetary Transmission Mechanism in the Baltic States, Bank of Estonia, 2004.

Jean Baptiste Desquilbet and Nikolay Nenovsky, Credibility and Adjustment: Gold Standards Versus Currency Boards, William Davidson Institute Working Paper No. 692, University of Michigan Business School, May 2004.

Tony Latter, Hong Kong's Exchange Rate Regimes in the Twentieth Century: The Story of Three Regime Changes, Working Paper No. 17/2004, Hong Kong Institute for Monetary Research, September 2004.

Hong Kong Baptist University, Focused Research Area: Currency Board Economics and the AEL Model, December 2003.

Nikolay Nenovsky and Yorgos Rizopoulos,  Extreme Monetary Regime Change: Evidence from Currency Board Introduction in Bulgaria, Journal of Economic Issues, vol. XXXVII, no. 4, December 2003.

Mario Blejer,  Argentina: Managing the Financial Crisis, Presentation at the World Bank, 22 October 2003. 

Jay W. Pao, The Currency Board Arrangement and The Macao Experience, Monetary Authority of Macao, October 2003.

Tony Latter, A Reappraisal of the Form and Functions of the Hong Kong Monetary Authority, the Usage of the Exchange Fund, and Related Aspects of Hong Kong's Fiscal and Foreign Reserves Policies, Civic Exchange, July 2003.

Mark M. Spiegel and Diego Valderrama, Currency boards, dollarized liabilities, and monetary policy, Federal Reserve Bank of San Francisco, Working Paper No. #2003-07, May 2003.  Earlier comments by Federico Ravenna.

Monetary and Economic Department, Regional currency areas and the use of foreign currencies, BIS Paper No. 17, May 2003.

Steve Hanke and Matt Sekerke, St Helena's Forgotten Currency Board, A Cato Commentary, Central Banking, vol. XIII, no. 3, February 2003.

Jean Baptiste Desquilbet and Nikolay Nenovsky, Exploring the Currency Board Mechanics: A basic formal model, Bulgarian National Bank Discussion papers, February 2003.

Augusto de la Torre, Eduardo Levy Yeyati, and Sergio L. Schmukler, Living and Dying with Hard Pegs: The Rise and Fall of Argentina's Currency Board, World Bank Working Paper No. 2980, 15 January 2003. 

Steve H. Hanke, On Dollarization and Currency Boards: Error and Deception, Journal of Policy Reform Vol. 5 no. 4, 2002 

Shu-ki Tsang, Currency Boards on the Way to Monetary Unions: The Doubly Unplanned Case of Hong Kong, iin Urmas Sepp and Martti Randveer (eds.), Alternative Monetary Regimes in Entry to EMU, Eesti Pank, November, 2002.

Anne-Marie Gulde-Wolf and Peter Keller, Another Look at Currency Board Arrangements And Hard Exchange Rate Pegs for Advanced EU Accession Countries, in Urmas Sepp and Martti Randveer (eds.), Alternative Monetary Regimes in Entry to EMU, Eesti Pank, November, 2002.

Urmas Sepp and Martti Randveer, A Currency Board Arrangement versus Alternative Exchange Rate Regimes in Estonia, in Urmas Sepp and Martti Randveer (eds.), Alternative Monetary Regimes in Entry to EMU, Eesti Pank, November, 2002.

Sergio L. Schmukler and Luis Servén, Pricing Currency Risk: Facts and Puzzles from Currency Boards, NBER Working Paper 9047, July 2002.

Urmas Sepp and Martti Randveer, Aspects of the Sustainability of Estonian Currency Board Arrangement, Working Papers of Eesti Pank, No. 5, 2002.

Marie-Thérèse Camilleri Gilson, Policy pre-commitment and institutional design: A synthetic indicator applied to currency boards, Economics Department Working Paper 330, OECD, 23 May 2002.

Adalbert Knöbl, Andres Sutt, andBasil B. Zavoiceo, The Estonian Currency Board: Its Introduction and Role in the Early success of Estonia's Transition to a Market Economy,  IMF Working Paper WP/02/96, May 2002.

Stefan Gerlach, Hong Kong's Currency Board: Modelling the discretion on the strong side, Seminar, Department of Economics, HKBU, 12 March 2002.

Corrine Ho, A survey of the institutional and operational aspects of modern-day currency boards, BIS Working Paper No. 110, March 2002.

Paul Sau-leung Yip, The Impact of Hong Kong's Currency Board Reforms on the Interbank Market, Seminar, Department of Economics, HKBU, 26 February 2002.

Jean-Louis Combes and Romain Veyrune, Currency Boards: are they as strong as they look? CERDI-CNRS Working Paper, 27 January 2002.

Yue Ma, Guy Meredith and Matthew S. Yiu, A Currency Board Model of Hong Kong, HKIMR Working Paper No. 1/2002, January 2002.

Nikolay Gertchev, The Case Against Currency Boards, The Quarterly Journal of Austrian Economics, Vol. 5, No. 4, Winter  2002.

Chauvin, Sophie, Exit Options for Argentina with a Special Focus on Their Impact on External Trade, CEPII Paper No. 7, October 2001.

Nikolay Nenovsky and Kalin Hristov, The Nonorthodox Currency Boards: The Case of Bulgaria, Cahiers du CETAI, No. 2001-01, January 2001.

Boris Petrov, Bank Reserve Dynamics under Currency Board Arrangement for Bulgaria, Discussion Paper 15, Bulgarian National Bank, December 2000.

Directorate General for Economic and Financial Affairs, Seminar on Currency Boards in the context of EU accession, European Commission, May 2000.

Luis Rivera Batiz and Amadou. N.R. Sy, Currency Boards, Credibility and Macroeconomic Behavior, IMF Working Paper WP/00/97, June 2000.

Directorate General for Economic and Financial Affairs, Seminar on Currency Boards in the context of EU accession, European Commission, May 2000.

Kenneth Kasa, Why Attack a Currency Board? Economic Letter, Federal Reserve Bank of San Francisco, 99-36; November 26, 1999.

Shu-ki Tsang, Chor-yiu Sin and Yuk-shing Cheng, The Robustness of Hong Kong's Linked Exchange Rate System as a Currency Board Arrangement, paper presented at the 54th European Meeting of the Econometric Society held in Santiago de Compostela, Spain on 29 August - 1 September 1999.

Hong Kong Baptist University, International Workshop on Currency Boards: Convertibility, Liquidity Management and Exit, Hong Kong, 9 October 1999.

Likka Korhonen, Currency Boards in the Baltic Countries: What have we learned? BOFIT Discussion Papers No. 6, 1999, Institute for Economies in Transition, Bank of Finland.

Tsang Shu-ki, Legal Frameworks of Currency Board Regimes, Quarterly Bulletin, Hong Kong Monetary Authority, August 1999.

Shu-ki Tsang,  The Currency Board Arrangement in Hong Kong: Viability and Optimality Through the Crisis, in Rising to the Challenge in Asia: A Study of Financial Markets: Volume 3 - Sound Practices, Asian Development Bank, 1999.