人民币会成为亚洲区域内的货币锚吗?——基于东南亚国家的实证检验  

Will The RMB Become Currency Anchor in Asian Region?: An Empirical Based on Southeast Asian Countries

作　　者：杨雪峰[1] 

机构地区：[1]上海社会科学院世界经济研究所国际金融研究室

出　　处：《世界经济研究》2015年第5期23-29,共7页World Economy Studies

摘　　要：美元一直是亚洲区域内的显性货币锚和隐性货币锚,人民币成为国际货币后是否会部分替代美元成为亚洲区域内货币锚呢?文章在理论上探讨人民币成为区域内货币锚可能性的基础上,实证检验了东南亚国家的货币锚,得出以下结论:中期内人民币不会成为亚洲区域内的单一货币锚,可能会出现折衷的结果,即亚洲一些国家转向"混合驻锚"以人民币和美元构成的货币篮子为锚。The dollar is always the dominant and implicit anchor currency in Asia region. Will the RMB replace the dollar and become the anchor currency in Asia? With these questions,this paper discusses the possibility that the RMB becomes an anchor currency in Asia region,and empirically examines anchor currencies in the Southeast Asian countries,and draws the following conclusion:the RMB will not become the region's single anchor currency over the medium term. A trade-off result is that some Asian countries turn to a combination anchor currency solution,that is,a currency basket consisiting of both the RMB and the dollar.

关 键 词：人民币 美元 货币锚 

分 类 号：F832.6[经济管理—金融学]