人民币实际有效汇率错位对中国外汇储备经济效应分析——基于1995-2008年的实证分析  

The Analysis about Economic Effect of RMB Real Effective Exchange Rate Misalignment on China's Foreign Exchange Reserves——Based on the empirical analysis on 1995-2008

作　　者：丁小江[1] 

机构地区：[1]上海师范大学商学院,上海200234

出　　处：《湖北财经高等专科学校学报》2010年第3期30-34,共5页Journal of Hubei College of Finance and Economics

摘　　要：当前我国外汇储备激增与人民币实际有效汇率以及汇率错位失调不无经济联系。本文运用现代计量工具估算出人民币实际均衡汇率和汇率错位,把汇率错位因素引入外汇储备资产规模的计量方程,分析了人民币实际有效汇率错位对我国外汇储备净资产占比国民生产总值的经济效应。This article first estimates the real equilibrium exchange rate and the RMB exchange rate misalignment through the use of modern measurement tools and then analyzes the economic effect of the real effective exchange rate of RMB misalignment on the ratio of the net assets of China＇s foreign exchange reserves to gross national product, by introducing the exchange rate misalignment factors into the equation about the scale of foreign currency reserve assets, which comes to the conclusion of the article.

关 键 词：人民币实际有效汇率 汇率错位 均衡汇率 

分 类 号：F832.6[经济管理—金融学]