The Analysis on Chinese Foreign Exchange Reserves Proper Scale and Measurement

被引：0

作者：

Sun Yexia ^{[1
]}

Han Bing ^{[2
]}

机构：

[1] Northeast Normal Univ, Sch Marxism, People St 5268, Changchun, Jilin Province, Peoples R China

[2] Jilin Univ Finance & Econ, Sch Taxat, Jingyue St 3699, Changchun, Jilin Province, Peoples R China

来源：

PROCEEDINGS OF THE 2016 INTERNATIONAL SEMINAR ON EDUCATION INNOVATION AND ECONOMIC MANAGEMENT (SEIEM 2016) | 2016年 / 75卷

关键词：

Foreig Exchange Reserves; Monetary International Function; Foreign Exchange Reserves; Proper Scale;

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

It is an issue how to calculate the proper scale of foreign exchange reserves. The existing researches about this utilize many models and methods but there is a lack of integrity and theory. This paper will try to calculate the proper scale of foreign exchange reserves from the perspective of demand using money means of purchase, means of payment and wealth functions as the independent variables. We establish a formula appropriate to China's true situation and then calculate the appropriate scale of Chinese foreign exchange reserves from 2007 to 2015. The results show that excess foreign exchange reserves exist in China and the excess foreign exchange reserve shows an upward trend year by year but in 2014 there is a turning point.

引用

页码：500 / 503

页数：4