Estimating China's ""Equilibrium"" Real Exchange Rate:
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| 520 | 3 | |a The number of studies attempting to estimate the ""equilibrium"" real value of China''s currency has proliferated in recent years as the country''s presence in world markets has grown. These studies have sought to establish whether or not a significant part of China''s competitive prowess can be attributed to the foreign exchange value of the renminbi. Unfortunately, no consensus has emerged because the studies yield a very wide range of estimates. The paper looks at a sample of these studies, with estimates of undervaluation ranging from zero to nearly 50 percent. It attributes the wide variation in these estimates to the influence of such factors as the different methodologies used, explanatory variables included, subjective judgments of the various researchers in deriving their results, and instability in underlying economic relationships, especially in a rapidly developing economy like China | |
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Datensatz im Suchindex
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| id | DE-604.BV048351124 |
| illustrated | Not Illustrated |
| indexdate | 2024-12-20T19:42:21Z |
| institution | BVB |
| isbn | 1451862210 9781451862218 |
| language | English |
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| oclc_num | 1337118815 |
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| owner | DE-20 DE-824 DE-70 DE-155 DE-BY-UBR DE-29 DE-22 DE-BY-UBG DE-473 DE-BY-UBG DE-1102 DE-703 DE-859 DE-706 DE-384 DE-860 DE-19 DE-BY-UBM DE-739 DE-355 DE-BY-UBR DE-Aug4 DE-1049 DE-12 DE-91 DE-BY-TUM |
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| physical | 1 Online-Ressource (12 p) |
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| publishDate | 2005 |
| publishDateSearch | 2005 |
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| publisher | International Monetary Fund |
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| series2 | IMF Working Papers |
| spellingShingle | Li, Xiangming Estimating China's ""Equilibrium"" Real Exchange Rate |
| title | Estimating China's ""Equilibrium"" Real Exchange Rate |
| title_auth | Estimating China's ""Equilibrium"" Real Exchange Rate |
| title_exact_search | Estimating China's ""Equilibrium"" Real Exchange Rate |
| title_full | Estimating China's ""Equilibrium"" Real Exchange Rate Li, Xiangming |
| title_fullStr | Estimating China's ""Equilibrium"" Real Exchange Rate Li, Xiangming |
| title_full_unstemmed | Estimating China's ""Equilibrium"" Real Exchange Rate Li, Xiangming |
| title_short | Estimating China's ""Equilibrium"" Real Exchange Rate |
| title_sort | estimating china s equilibrium real exchange rate |
| url | http://elibrary.imf.org/view/IMF001/02086-9781451862218/02086-9781451862218/02086-9781451862218.xml |
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