Gao, Haihong - East Asian Bureau of Economic Research (EABER) - 2006
about real exchange rate appreciation between 1975 and 2002 is empirically examined, based on a supply-side model, the … to answer the question of why past rapid growth has no significant relationship with the RMB real exchange rate and what … factors are underlying the trend of the RMB real exchange rate. We expect an appreciating trend of RMB real exchange rate in …