Measuring the Currency Mismatch in China:Method,Data and Evaluation
Chao Zhu
Abstract
Chao Zhu
Abstract
The author constructs ACMAQ to measure currency mismatch in China from 1996 to 2005.We argue that China's currency mismatch is very serious,which has already brought huge losses.But at the same time,we don't need to overestimate the possibility of debt or currency crisis.In general, currency mismatch will be worsening in the short term.
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The author constructs ACMAQ to measure currency mismatch in China from 1996 to 2005.We argue that China's currency mismatch is very serious,which has already brought huge losses.But at the same time,we don't need to overestimate the possibility of debt or currency crisis.In general, currency mismatch will be worsening in the short term.
Key concepts: Currency, Economics, China, Monetary economics, Debt, Devaluation, Currency crisis, Renminbi