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We evaluate whether the Renminbi (RMB) is misaligned, relying upon conventional statistical methods of inference. A framework built around the relationship between relative price and relative output levels is used. We find that, once sampling uncertainty and serial correlation are accounted for,...
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affected by disputes with China, and is different from the diffusion behaviours of the offshore US dollar, euro, British pound …
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affected by disputes with China, and is different from the diffusion behaviours of the offshore US dollar, euro, British pound …
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"We evaluate whether the Renminbi (RMB) is misaligned, relying upon conventional statistical methods of inference. A framework built around the relationship between relative price and relative output levels is used. We find that, once sampling uncertainty and serial correlation are accounted...
Persistent link: https://www.econbiz.de/10003739233
Experts analyze four factors in China's economic growth: exchange rate policy, savings and investments, monetary policy …Intro -- CESifo Seminar Series -- Contents -- Contributors -- Series Foreword -- Preface -- 1 Introduction -- I China …'s Exchange Rate Policy -- 2 United States, China, and the Rebalancing Debate: Misalignment, Elasticities, and the Saving …
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