中国外汇市场压力和中央银行的干预程度:一个经验分析被引量：43

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摘要本文回顾了关于外汇市场压力的定义和测度方法的理论文献 ,根据外汇市场压力一般定义与模型分析方法 ,推导反映一国经济外部非均衡的外汇市场压力指数 ( EMP)以及中央银行干预指数ω的测度方程式。利用 1 994- 2 0 0 2年的季度数据以及两阶段最小二乘法估计出联立方程组的结构参数 ,计算中国的外汇市场压力和中央银行干预指数 ,探讨了 1 994年汇率并轨以来人民币外汇市场压力的变化趋势。

作者朱杰

机构地区南京大学金融学系

出处《世界经济》 CSSCI 北大核心 2003年第6期14-23,共10页 The Journal of World Economy

关键词中国外汇市场压力 EMP 分析模型中央银行干预程度汇率制度

分类号 F830.7 [经济管理—金融学]

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参考文献18

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