Demonstration Analysis on the Dynamic Equilibrium of China's Foreign Exchange Reserves

被引：0

作者：

Chi Qishui

Chi Qican

Yang Zhonghong

机构：

来源：

PROCEEDINGS OF THE 2009 INTERNATIONAL CONFERENCE ON PUBLIC ECONOMICS AND MANAGEMENT ICPEM 2009, VOL 7: CLUSTER ANALYSIS | 2009年

关键词：

foreign exchange reserves; dynamic equilibrium; demonstration analysis;

D O I：

暂无

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

The size of China's foreign exchange reserves is subject to a dynamic variation process. This paper analyses the relationship among foreign exchange reserves and its main influence factors with annual data offered by IMF. The dynamic equilibrium scales from 1979 to 2006 are educed by using standardized co-integration vector, H-P filter and exponential dispose methods. It shows that China's foreign exchange reserves strongly bias its equilibrium levels form 2003.

引用

页码：112 / 115

页数：4