English, Article edition: THE FOG ENCIRCLING THE RENMINBI DEBATE YIN-WONG CHEUNG; MENZIE D. CHINN; EIJI FUJII

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/131883
Physical Description
  • article
Language
  • English

Edition details

Title
  • THE FOG ENCIRCLING THE RENMINBI DEBATE
Author
  • YIN-WONG CHEUNG
  • MENZIE D. CHINN
  • EIJI FUJII
Physical Description
  • article
Notes
  • We assess some recently advanced arguments for the claim that the RMB is undervalued. These arguments are those based on the direct valuation of the RMB, trade imbalances, the accumulation of foreign exchange reserves, and the degree of policy dependence. The extant evidence does not support a strong verdict regarding RMB undervaluation that meets the statistical standards of academic empirical studies. One interpretation is that the evaluation of the equilibrium RMB exchange rate is far more complicated than it appears. Another view is that the data are insufficiently informative. Some related policy concerns are also discussed.
  • Exchange rate uncertainty, trade surplus, international reserves, policy dependence
  • RePEc:wsi:serxxx:v:52:y:2007:i:03:p:403-418
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment