人民币有效汇率指数和篮子货币最优权重的选取

发布时间：2018-04-26 23:32

本文选题：有效汇率指数 + 一篮子货币　；参考：《学海》2012年02期

【摘要】：本文首先研究有效汇率指数变动的特点,认为通过人民币对美元汇率的调整,可以实现人民币名义有效汇率和实际有效汇率的稳定,并且使人民币对美元汇率的弹性显著增强。这里的汇率指数权重是贸易权重,本文对此进行了模拟分析。其次本文利用汇率指数变动的特点,建立模型分析在贸易收支稳定条件下,篮子货币汇率指数最优权重的选取,也就是把汇率指数的构建和货币政策的目标结合起来,认为可以通过设定货币政策目标来确定篮子货币最优权重。
[Abstract]:This paper first studies the characteristics of the change of the effective exchange rate index, and holds that the nominal effective exchange rate and the real effective exchange rate of RMB can be stabilized through the adjustment of the RMB exchange rate against the US dollar, and the flexibility of the RMB against the US dollar exchange rate can be enhanced significantly. The exchange rate index weight is trade weight, which is simulated and analyzed in this paper. Secondly, using the characteristics of exchange rate index, this paper establishes a model to analyze the selection of optimal weight of exchange rate index of basket currencies under the condition of stable trade balance, that is, combining the construction of exchange rate index with the objective of monetary policy. It is believed that the optimal weight of basket currencies can be determined by setting monetary policy objectives.
【作者单位】：复旦大学国际金融系;
【基金】：国家自然科学基金(70673011、71173042) 国家社科基金重大项目(11&ZD018) 上海市哲学社会科学规划课题(2008BJB024)的资助
【分类号】：F832.6

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