人民币名义有效汇率对我国居民消费价格指数影响的实证分析

Empirical Analysis of Nominal Effective Exchange Rate of RMB on China's Consumer Price Index

在其他学者研究的基础上,借助2005年8月～2011年11月的数据,对人民币名义有效汇率与我国居民消费价格指数进行了实证研究,以期寻求两个变量之间的相关性。研究结果显示:我国在人民币汇率形成机制市场化之后,人民币名义有效汇率波动对居民消费价格指数的影响比较显著。针对当前的汇率水平和宏观经济背景,提出了相应的建议。

Based on the previous studies by other scholars and by adopting the relevant data stored from August 2005 to November 2011, this paper made an empirical research on the nominal effective exchange rate of RMB and Chi- na＇ s consumer price index in order to seek the correlations between the two variables. The result showed that since the RMB exchange rate of our country formed into a mechanism market economy, the fluctuations of RMB nominal effective exchange rate exercised a striking influence on the consumer price index. The paper also put forward some relevant proposals in regard to current exchange rate and macroeconomic background.