摘要
本文在人民币汇率均衡的基本模型的基础上,建立了一个考虑汇率制度不稳定性与调整成本的名义汇率均衡模型,并进一步说明了人民币名义汇率在1994年初至2005年底期间处于稳定水平的原因;这对我国的金融改革与深化以及汇率政策制订有着重要启示。
In the foundation of the balanced basic model of the Renminbi exchange rate, considering the instability of exchange rate system and the adjustment cost, This article has established a balanced model of nominal exchange rate and further explained why the Renminbi nominal exchange rate is in the stable level from the beginning of 1994 to 2005 year＇s end. These explanations has the important enlightenment to our country＇s financial reform and deepened as well as the exchangerate policy making.
出处
《理论与当代》
2007年第9期16-18,共3页
Theory and Contemporary
关键词
人民币
汇率制度不稳定
调整成本
名义
汇率稳定
RMB Instability of Exchange Rate System, Adjustment Cost, Stability of Nominal Exchange Rate
