An empirical analysis of China's long run equilibrium exchange rate - Ward, Bert;Su, Ting Ting;Gan, Christopher
23,99 €
inkl. MwSt.

Versandfertig in über 4 Wochen
  • Broschiertes Buch

This study represents an empirical analysis of the extent to which China's currency deviates from its long run equilibrium path. The research is based on a cointegrated econometric model of the exchange rate between the Chinese RMB and the American dollar. Using the econometric model, a series of long run equilibrium values for the RMB/USA rate is computed, which is then compared to its historical values in order to derive a time path for extent of disequilibrium.

Andere Kunden interessierten sich auch für
Produktbeschreibung
This study represents an empirical analysis of the extent to which China's currency deviates from its long run equilibrium path. The research is based on a cointegrated econometric model of the exchange rate between the Chinese RMB and the American dollar. Using the econometric model, a series of long run equilibrium values for the RMB/USA rate is computed, which is then compared to its historical values in order to derive a time path for extent of disequilibrium.
Autorenporträt
Bert Ward recently retired as Senior Lecturer in Econometrics at Lincoln University, where he now works as a research consultant in applied econometrics. He has authored numerous journal articles involving the econometric analysis of financial and monetary markets, including a recentbook on monetary unions amongst South Pacific countries.