The impact of RMB exchange rate on China's inflation

被引：0
|
作者：
Huang, Yanfen [1 ]
Gu, Yan [1 ]
机构：
[1] Renmin Univ, Sch Publ Adm, China Lixin Risk Management Acad, Beijing 100872, Peoples R China
来源：
SIXTH WUHAN INTERNATIONAL CONFERENCE ON E-BUSINESS, VOLS 1-4: MANAGEMENT CHALLENGES IN A GLOBAL WORLD | 2007年
关键词：
RMB exchange rate; inflation; AS model; VAR analysis;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper focuses on the impact of the RMB exchange rate on China's domestic inflation. Estimation results from the AS model and the VAR analysis show that exchange rate regime shifts can change inflation persistence and exchange rate shocks have significant and long term effect on price fluctuations. And we advocate greater attention on RMB exchange rate stability, a framework of inflation targeting for monetary policy, as well as a risk precaution mechanism of the interaction of the RMB exchange rate and domestic inflation.
引用
收藏
页码：1838 / 1843
页数：6
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