Showing 1 - 10 of 127
Persistent link: https://www.econbiz.de/10010251425
Pegging the renminbi (RMB) to the US dollar since 1994 has characterised China’s exchange rate policy, under either a …
Persistent link: https://www.econbiz.de/10010515474
Persistent link: https://www.econbiz.de/10011760877
Persistent link: https://www.econbiz.de/10011582784
This paper offers an empirical characterization of the relation between the international price of oil and exchange rates that is both useful and reliable. Our characterization is useful because it rests on information of asset prices that are determined in functioning asset markets. Our...
Persistent link: https://www.econbiz.de/10012322360
In this paper we examine whether purchasing power parity holds in the long run in China for the period 1970:1 to 2006:5 from an alternative method relative to the previous studies. We underlined the effects of large, but infrequent shocks due to changes of Chinese exchange policy (undertaken...
Persistent link: https://www.econbiz.de/10005170001
of Wisconsin, Madison and NBER) and Eiji Fujii (University of Tsukuba).We evaluate whether the Renminbi (RMB) is …
Persistent link: https://www.econbiz.de/10014048647
This study provides quarterly time-series estimates of the misalignment in the REER of the Renminbi (RMB). The …
Persistent link: https://www.econbiz.de/10014048983
This paper investigates the degree and the nature of exchange rate co-movements between the Renminbi and a set of seven … appreciation regimes. Second, the Renminbi can act as a transition variable that provides information regarding how the exchange … evidence of the Renminbi's rising role in East Asia as a significant factor in currency fluctuations. A key result is that …
Persistent link: https://www.econbiz.de/10012967868
We conduct a meta-regression analysis of 69 studies that generated 937 renminbi (RMB) misalignment estimates. The …
Persistent link: https://www.econbiz.de/10012891475