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人民币真实汇率:概念、测量与解析 被引量:27

RMB’s Real Exchange Rate:Concept,Measurement and Decomposition
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摘要 真实汇率的分类测算一直是深入展开人民币汇率实证研究的瓶颈。本文对真实汇率进行了详细的分类,比较了各种真实汇率之间的区别和联系,并利用1994-2002年的相关季度数据。测算了人民币支出法、成本法和贸易品衡量的真实汇率,最后,对测算得到的各种真实汇率进行了结构性解析。 Classification and measurement of RMB's real exchange rate have always been missing part in empirical research of the RMB exchange rate. In this paper, different kinds of external real exchange rate of RMB is introduced and estimated by quarterly data from 1994—2002. These data will be very helpful for further empirical study of the RMB exchange rate.
作者 张斌
出处 《经济学(季刊)》 2005年第2期317-334,共18页 China Economic Quarterly
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参考文献5

  • 1Hinkle, L. and F. Nsengiyumva, 1999a, "External Exchange Rate: Purchasing Power Parity, the Mundell-Flemming Model, and Competitiveness in Traded Goods", In Lawance E. Hinkle. and Peter J. M. , Eds. , Eccchange Rate Misalignment : Concepts and Measurement for Developing Countries,41-112. New York: The World Bank, 1999.
  • 2Hinkle, L. and F. Nsengiyumva,"The Two Good Internal RER for Tradables and Nontradables", In Lawance E. Hinkle. and Peter J.M., Eds., Exchange Rate Misalignment : Concepts and Measurement for Developing Countries, 113-174. New York: The World Bank, 1999.
  • 3Hinkle, L. and F. Nsengiyumva,"The Three-Good Internal RER for Exports, Imports, and Domestic Goods", In Lawance E. Hinkle. and Peter J. M., Eds., Exchange Rate Misalignment : Concepts and Measurement for Developing Countries, 175-218. New York: The World Bank, 1999.
  • 4Zhang, Z.H. "Real Exchange Rate Misalignment in China: An Empirical Investigation", Journal of Comparative Economics, 2001, 29, 1-15.
  • 5余明.“人民币汇率专题研究”[J].《货币政策研究》,2003,(1):1-1.

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