Redux模型与人民币升值压力研究

The Redux Model and Research on RMB Appreciation Pressure

本文对浮动汇率制下的Redux模型进行了修改 ,以使其可以分析固定汇率问题 ,并依据修改后的Redux模型对人民币升值压力进行了研究 ,得出了引致人民币升值的微观经济因素 ,并分析了在固定汇率制和浮动汇率制下外汇储备与福利的关系 ,最后从微观基础角度提出了一些缓解人民币升值压力的对策。

This paper modified the Redux model under Floated exchange rate, so as to analyze the problems under fixed exchange rate with it, and based upon the modified Redux model to research the RMB appreciation pressure, draw the micro-economic factors which lead the RMB appreciated. And analyze the relationship between foreign exchange reserve under floated exchange rate and fixed exchange rate and welfare, and finally put forward some countermeasures to relaxed RMB appreciation pressure from the point of view of micro-elements.