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利率平价的实证分析——基于中美两国数据

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摘要 汇率与利率关系对一国金融体系的发展具有重要影响。利率平价是决定与调整一国汇率的重要理论之一,它认为未来汇率的变化率与这段时间内两国利率的相对变化率一致。文章运用中美两国月度数据进行分析,发现利率平价不能完全解释人民币实际汇率变化与两国利率差异之间的关系,利率与汇率之间的联动性不明显。最后,本文据此分析原因并对我国现行的汇率机制提出政策建议。
作者 潘雯
机构地区 南京审计学院
出处 《中国外资》 2012年第22期31-32,共2页 Foreign Investment in China
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