匯率目標區(qū)理論的發(fā)展及在中國的應用前景.pdf

1、中國科學技術大學碩士學位論文匯率目標區(qū)理論的發(fā)展及在中國的應用前景姓名：花長勁申請學位級別：碩士專業(yè)：金融學指導教師：王相寧20050501ABSTRACTAtpresentintheintemationalfinancialmarketitiSarguedthatRMBshouldappreciateExpelsarefocusing0nwhetherRMBisdevaluedandthinkingabouttheRMBexchang

2、eratesystemTmspaperbuildsamodelbasedonthetheoryofexchangeratetargetzonesandEdwards’equilibriumexchangeratemodelthatiSsuitabletocurremChinesesituationTheequilibriumexchangerateofChinaiSexaminedempiricallywhenbuildingtheRM

3、BtargetzoneTheconclusionis：Edwards’equilibriumexchangeratemodelmaybebeappliedtotheresearchofcurrentRMBequilibriumexchangerate；RMBisdevaluedslightly；theRMBexchangeratetargetzonethatisbuiltwiththeequilibriumexchangerateasi

4、tsparityand5％asitsfloatingrangeiSfeasibleThispaperiSdividedjntofivechaptersChapter0he：IntroductionThischapterintroducesthesourcesoftheappreciationpressureof也eRaMBThentheeffectofappreciationandthecurrentexchangeratesystem

5、arearguedChapterTwo：ThetheoryofexchangeratetargetzonesFirstthefoundationanddevelopmentofthetheoryofthetargetzonesareintroducedThentheapplicationofthetheoryinsomecountriesiS1istedChapterThree：Themodelofequilibriumexchange

6、rateFirstthefoundationanddevelopmentofthetheoryofthetargetzonesareintroducedThentheapplicationofthetheoryinsomecountriesiSlistedChapterFour：EmpiricalanalysisofRMBequilibriumexchangerateAccordingtocurrentChinesesituation，

7、somevariablesareselectedandempiricalanalysisistakenChapterFive：BuildingtheRMBexchangeratetargetzoneInthischapterwesolvethequestionswhyandhowweapplythetheoryoftargetzonesintoChinaKevWords：RMBexchangerateequilibriumrealexc