摘要
文章对新型开放经济宏观经济学产生以来的四大新的汇率理论进行了评述,对汇率变动与资产价格之间的关系进行了理论分析,并以日本为例加以具体分析。为了防止“泡沫经济”的崩溃,货币政策的事前调控或“预调”是关键。当前迫切需要防止人民币升值压力货币化为通货膨胀和房地产泡沫。
This paper demonstrated the development of exchange rate theories since the birth of the New Open Economy Macroeconomics, and analyzed the relationship between exchange rate volatility and asset prices, and dealt with Japanese case since the appreciation of JPY in 1985. To avoid the burst of bubble economy, it's crucial for the monetary authority to take monetary measures in advance. It's emergent to prevent inflation and real estate bubble under the pressure of CNY appreciation.
出处
《国际贸易问题》
CSSCI
北大核心
2005年第7期127-128,F003,共3页
Journal of International Trade
基金
霍英东青年教师基金项目<渐进式开放与人民币汇率决定-兼论加入WTO后人民币汇率的变动趋势>(项目批准号:91084)
教育部博士点基金项目<开放经济与人民币汇率的决定>(项目批准号:03GB790033)的阶段性研究成果
