2006•Journal of Shanxi Finance and Economics UniversityRequires access

Empirical Analysis on the Relationship of RMB Equilibrium Exchange Rate,Exchange Rate Misalignment and Export

LV Jian

Abstract

Using the data from 1978-2005,this paper calculates RMB equilibrium exchange rate and exchange rate misalignment respectively,and uses E-G two-step method,error correction model,binary Logit model to analyze the relationship of RMB equilibrium exchange rate,exchange rate misalignment and export.

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Available abstract

Key concepts: Renminbi, Exchange rate, Economics, Econometrics, Effective exchange rate, Error correction model, Monetary economics, Cointegration