汇率制度与收入不平等——基于跨国面板数据的研究
发布时间:2018-04-28 23:40
本文选题:汇率制度 + 收入不平等 ; 参考:《国际金融研究》2017年08期
【摘要】:本文通过对155个国家1980年至2010年面板数据的分析,研究了汇率制度与收入不平等之间的关系。文献和实证分析表明,较之浮动汇率制,固定汇率制更有助于贸易发展、经济稳定与就业提高,从而能够缩小收入差距,但固定汇率制容易催生低效集权的政府,这又会使得收入差距扩大。相比之下,中间汇率制度能够显著缩小收入差距,即汇率制度与收入差距之间存在着U型关系。进一步研究发现,中间汇率制通过促进就业,缩小了收入差距,且这一传导机制在非OECD国家尤为显著。
[Abstract]:By analyzing the panel data of 155 countries from 1980 to 2010, this paper studies the relationship between exchange rate regime and income inequality. Literature and empirical analysis show that, compared with floating exchange rate system, fixed exchange rate system is more conducive to trade development, economic stability and employment increase, thus narrowing the income gap, but fixed exchange rate system is easy to produce inefficient centralized government. This, in turn, will widen the income gap. In contrast, the intermediate exchange rate system can significantly narrow the income gap, that is, there is a U-type relationship between the exchange rate system and the income gap. Further studies show that the intermediate exchange rate system can narrow the income gap by promoting employment, and this transmission mechanism is especially significant in non- countries.
【作者单位】: 中国人民大学经济学院;中国人民大学财政金融学院;中信建投证券股份有限公司;
【分类号】:F113.8;F831.6
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本文编号:1817450
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