Modern exchange rate theory and model research

Author: Xu Jian Gang
Publisher:
Publish Date: 2004-01-01
Features: This book provides a systematic study of modern exchange rate theory and its new developments, particularly the econometrics of exchange rate determination. It especially applies new financial econometrics methods for empirical analysis, filling the gaps in the field of exchange rate theory and model research in China. Currently, the issue of the RMB exchange rate has become a global hot topic. How to measure the international competitiveness of Chinese products? How to reflect the actual external value of the RMB? This book offers scientific arguments on these questions. It can serve as a reference for researchers in economic and financial fields, faculty and students of relevant universities and colleges, as well as decision-makers in foreign exchange and foreign trade.