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人民币升值对国内金价影响研究 被引量:9

A research on the effects of appreciation of RMB on domestic gold price
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摘要 尽管国际金价已经突破600美元/盎司,但黄金市场尚处在牛市之中;国内黄金投资也有愈演愈烈之势,而由于人民币升值而产生的国内金价下跌压力却是客观存在的。文中分析了人民币升值所产生的国内金价下跌压力,并进一步对如何规避这一风险提出建议。 Although international gold price has broken through 600 US dollars per ounce, the gold price is still rising. The domestic gold investment is becoming more and more popular, but there exists an objective pressure to force the domestic gold price to drop, which is the appreciation of RMB. The paper analyses the pressure and puts forward some suggestions for risk aversion.
作者 陈煜明
出处 《黄金》 CAS 北大核心 2006年第11期6-8,共3页 Gold
关键词 人民币升值 国内金价 风险规避 appreciation of RMB domestic gold price risk aversion
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同被引文献48

  • 1翟敏,华仁海.国内外黄金市场的关联研究[J].产业经济研究,2006(2):30-35. 被引量:42
  • 2杨叶.黄金价格和石油价格的联动分析[J].黄金,2007,28(2):4-7. 被引量:20
  • 3时兰.把黄金放入你的理财篮子[J].大众理财顾问,2007(3):55-55. 被引量:1
  • 4郑佳,林斌.人民币汇率变动对国际黄金价格的影响[J].黄金,2007,28(7):4-7. 被引量:9
  • 5Aggarwal, R., Soenen, L.A. "The nature and efficiency of the gold market". [J].The Journal of Portfolio Management, 1988, 14:18-21.
  • 6Cheung, Y., Lai, K.S. Do gold market returns have long memory? The Financial Review ,1993, 28(2): 181-202.
  • 7Frank, M., Stengos, T. Oct. Measuring the strangeness of gold and silver rates of return [J]. Review of Economic Studies,1989, 56:553- 567.
  • 8Edel T, Brian M. L. A power GARCH examination of the gold market [J], Research in International Business and Finance, 2007(6): 316-325.
  • 9Engle R. F. Autoregressive conditional heteroscedasticity with estimates of the variance of U.K.intlation [J], Econometrica, 1982, 50: 987-1008.
  • 10Nelson D.B, Conditional heterosdasticity in asset returns: a new approach[J]. Econometrica, 1991i59):347-370.

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