The equilibrium exchange rate of the Chinese Renminbi: determinants and misalignments
The aim of this thesis is to investigate the equilibrium exchange rate of the Chinese currency, Renminbi (RMB). We extend the NATREX and FABEER models and modify the FEER model to make them applicable to China. Empirical estimations are carried out to obtain the equilibrium exchange rate for the rea...
Main Author: | |
---|---|
Format: | Thesis |
Language: | English |
Published: |
2008
|
Subjects: | |
Online Access: | https://repository.londonmet.ac.uk/7618/1/518842.pdf |