Ping Zheng
Abstract
This paper makes both monetary and real analyses on exchange rate pass-through building the dichotomy framework for the first time. There is only a weak macro effect of RMB exchange rate pass-through, and monetary factors play greater role than real factors in exchange rate and price movements.
A significance statement is not available in the OpenAlex record.
A contribution statement is not available in the OpenAlex record.
Method details are not available in the OpenAlex metadata.
Findings are not separately available in the OpenAlex metadata.
Limitations are not available in the OpenAlex metadata.
Application details are not available in the OpenAlex metadata.
This paper makes both monetary and real analyses on exchange rate pass-through building the dichotomy framework for the first time. There is only a weak macro effect of RMB exchange rate pass-through, and monetary factors play greater role than real factors in exchange rate and price movements.
Key concepts: Renminbi, Exchange rate, Exchange-rate pass-through, Open economy, Monetary economics, Economics, Macro, Monetary policy