硕士论文--不完全汇率传导理论在中国的应用——人民币汇率传导效(7)

2021-01-07 09:49

硕士论文

山东大学博士学位论文

pass—throughmechanismandeffectsofRMBexchangeratesondifferentpriceindicesandtheirdeterminants.So,thispartintroducestheconceptsandmechanismsofexchangeratepassthroughandtheoriesonincompleteexchangeratepassthrough.Afterpointingouttheshortagesanddisadvantagesindomesticrelevantresearch,thispaperproposestheinnovationsinthisarticle.

Chaptertwoisasummationonrelevantresearch.ResearchinterestsinexchangeratepassthroughoriginatedfromtheexplanationfortheinvalidityofPPPtheoryin1960sand1970s.From1980sthedirectionofresearchonexchangeratepassthroughturnedtoindustrialorganization,marketsegmentationandproductdifferentiation.In1990smanyindustrialcountriesexperiencedgreatdepreciationsofcurrencies,howevertheireconomicperformancesshowedthattheexchangeratepassthroughWasindecline.Thisphenomenonpromotedtheeconomiststostudythestabilityofexchangeratepassthroughandthereasonsforthewideandpersistentdeclineintheexchangeratepassthroughinthesecountries.Recentresearchfocusedontherelationshipbetweenexchangeratepassthroughandthevalidityofmacroeconomicpolicies,andrelatedtheexchangemkpassthroughtothechoiceofoptimalmonetarypolicyandexchangerateregime.Agreatamountofempiricalresearchonexchangeratepassthroughsuggestedthepassthroughofexchangeratestobothimportpriceandothergeneralpriceswe旭incomplete,howeverthepassthrougheffecttoimportpriceWaslargerthanthattoothergeneralpriceindices.Economiststriedtoexplaintheseconclusionsfrommicroandmacroaspects.Finanllythischapermadeaco衄entondomesfcrelevantresearchandpointedouttheresearchfocusandinnovationsinthisarticle.

ChapterthreepresentstheoreticalandempiricalresearchonRMBexchangeratepassthroughtoimportprices.nispartfirstanalyzestheeffectofchangeinRMBexchangerateondometicimportpricesbyvirtureofgraphicalanalysisandmathematicaldeduction.Theneconometricmodelsareemployedtofurtherstudythepass—througheffectofRMBexchangeratetothegeneralimportpriceindexandsub-groupimportpricesbyusingrelevantquarterlydatafromJanuary2000toMarch2007.Theempiricaltestsrevealthatthepass—througheffectsofRMBnominaleffectiveexchangeratetothegeneralimportpricearelargerthanonebothinshorttermandinlongterm,whichindicatesthattheexportsabroadoverreacttothefluctuationsinRMBexchangerates.Thereactionsofsub—groupimportindicestoexchangerateflucmatiomhavesignificantdifferences.neimportpricesoffood,S


硕士论文--不完全汇率传导理论在中国的应用——人民币汇率传导效(7).doc 将本文的Word文档下载到电脑 下载失败或者文档不完整,请联系客服人员解决!

下一篇:施工现场安全管理常见问题汇总

相关阅读
本类排行
× 注册会员免费下载(下载后可以自由复制和排版)

马上注册会员

注:下载文档有可能“只有目录或者内容不全”等情况,请下载之前注意辨别,如果您已付费且无法下载或内容有问题,请联系我们协助你处理。
微信: QQ: