摘要
随着科技的进步和数字经济的发展,数字人民币怎样发挥功能及其对现有国际支付结算体系和离岸金融市场建设的影响受到了越来越多的关注。文章通过构建DSGE模型比较离岸与在岸两种金融市场情景中,企业使用数字人民币进行跨境支付对宏观经济与微观主体产生的不同影响。结果表明,建设数字人民币跨境支付结算系统,为企业提供了缓释汇率和物价波动等风险的新途径。当企业选择在离岸金融市场通过数字人民币进行交易时,可以有效促进投资、产出以及劳动供给的增长,从而促进全社会消费与资本存量的增加。基于此,文章建议分“三步走”,扩大数字人民币应用场景和进一步推进人民币离岸金融市场建设,以更好地服务实体经济。
With the progress of science and technology and the development of digital economy,more and more attention has been paid to how e-CNY plays its function and its impact on the existing international payment and settlement system as well as the construction of offshore financial market.This paper compares the different impacts of the enterprises'application of e-CNY in cross-border payment on macro economy and micro entities in offshore and onshore financial market scenarios by constructing a DSGE model.The results show that the construction of e-CNY cross-border payment and settlement system provides the enterprises with a new way to mitigate the risks of exchange rate and price fluctuations.When the enterprises choose to conduct transactions with e-CNY in offshore financial market,it can effectively give impetus to the growth of investment,output and labor supply,thus promoting the increase in social consumption and capital stock.Based on this,this paper suggests a“three-step approach”to expand the application scenarios of e-CNY and further promote the construction of RMB offshore financial market to better serve the real economy.
作者
邵学峰
官铭超
陈志成
卢均
SHAO Xuefeng;GUAN Mingchao;CHEN Zhicheng;LU Jun
出处
《国际经贸探索》
北大核心
2024年第5期75-91,共17页
International Economics and Trade Research
基金
山东省地方政府委托重点项目(SKH2022273)。
