人民币汇率的巴拉萨－萨缪尔森效应―基于弹性价格货币模型的分析
摘要
This paper adds the Balassa-Samuelson effect in1o the flexibility-price monetary model to explain the influence of output, monetary supply, interest rate, the price difference between tradable and non-tradable goods on the exchange rate between Chinese Yuan and US dollar during 1994-2005. The analysis shows that the monetary model can explain the factors influencing the exchange rate of RMB well. The price difference between tradable and nontradable goods affected the deviation of nominal rate from PPP notably, but the BS effect didn't hold; the main reason lies in the underestimation of RMB, and the nominal rate was below the PPP in tradable goods.
引用本文（GB/T 7714）
李艳丽. 人民币汇率的巴拉萨－萨缪尔森效应―基于弹性价格货币模型的分析[J]. 未知来源, 2006.
引文网络
本站仅收录题录与摘要供学习参考，全文版权归属出版方；如有侵权请联系我们删除。