匯率失調 的英文怎麼說
中文拼音 [huìlǜshīdiào]
匯率失調
英文
exchange rate misalignment-
China ' s central bank said the two had expressed a willingness to “ take comprehensive measures to enhance structural economic adjustments, avoid big swings in currency movements and make respective contributions to an orderly adjustment of global imbalances ”
中國央行表示，雙方表示願意「採取綜合性措施，加大經濟結構調整力度，防止匯率大幅波動，為全球失衡有序調整做出應有貢獻」 。In view of the current financial and economic situation in china, the paper proposes that because of the special exchange rate system, influence of dollar devaluation, and the loss of interest rate leverage, china ' s exchange rate policies and interest rate policies do not conflict but work in harmony
結合我國現階段的實踐利率杠桿失效、獨特的匯率形成機制，以及受到美元貶值的影響，指出我國匯率政策與利率政策並不相互沖突，而是表現為相互協調和吻合。Less than benign exchange rate adjustments brought on by heightened concerns about external imbalances, particularly in the united states
其他國家尤其美國對外交易失衡的問題引起更大關注，以致匯率大幅度調整Model analysis shows that relaxation of the control of investment capital will increase the unfavorable balance of international payments and the correcting difficulty of the excess commodity supply in the market at home ; relaxation of speculative capital control will increase the correcting difficulty for outer unbalance ; under the springy exchange rate system, the action of fair mechanism of interest rate will make the economic shock of the international market interest rate increase with the decrease of the capital control system, thus the over regulation of exchange rate will easily happen
模型分析顯示：投資性資本管制放鬆會增大國際收支逆差和國內商品市場超額供給的矯正難度，投機性資本管制放鬆會增大外部失衡的矯正難度；彈性匯率制下，利率平價機製作用使國際市場利率變化的經濟沖擊隨資本管制度降低而增強，更易發生匯率超調。Begin with the acute fluctuations of japanese yen in a long period, using exiting equilibrium exchange rate theories and models for reference, this dissertation sets up equilibrium real exchange rate model of japanese yen, based on which we analyze misalignment and it ' s reason of yen ' s real exchange rate
獷~汽叮、本文從日元匯率長時期的劇烈波動入手，借鑒各種己有的均衡匯率理論和模型，建立適合日本具體經濟情況的均衡匯率模型，並據此分析日元匯率的失調情況和原因。Given the significant structural changes that china s economy will undergo in the years ahead, allowing markets to drive china s exchange rate will help reduce the risk of misalignment and facilitate smooth and efficient adjustment
他說： 「鑒于中國經濟未來將實行重大的結構性改革，允許市場決定中國的匯率有助於減小經濟失調的風險，促進調整工作有效地順利進行。He has recently worked under mr rajan, but he is no particular authority on misaligned exchange rates or capital - flow reversals
不久前他曾在拉揚手下謀過事，但在匯率失調和資本流動逆轉方面他還算不上是行家裡手。A recent study investigated the effects of real exchange rate misalignment and instability on economic performance.
最近的一項研究調查了實際匯率失調和動蕩對經濟實績的影響。Compared and contrasted the two methods, we find that beer is more realistic than feer in that it conquers the default of “ idealization ” in feer by using reduced - form equation to estimate the equilibrium exchange rate. consequently, this dissertation chooses to use beer in building the econometric model of equilibrium exchange rate of rmb
本文的邏輯構架是:西方經典匯率決定理論在中國的適應性有限現代均衡匯率決定理論模型的引入運用現代均衡匯率決定理論建立人民幣均衡匯率模型人民幣長期均衡匯率估計人民幣均衡匯率長期失調的測算和原因分析。The research shows that neither ppp nor irp can well explain the behavior of exchange rate of rmb, which covers the period from 1980 to 2004. chapter three dwells on two kinds of modern equilibrium theories about determination of exchange rate ( fundamental equilibrium exchange rate, feer and behavioral equilibrium exchange rate, beer )
本文正是一篇關於人民幣均衡匯率的文章，其目的是建立人民幣均衡匯率的實證模型，並在此基礎上對1980年- 2004年人民幣均衡匯率的長期失調情況進行測算和原因分析，以回答人民幣匯率是否失調，低估還是高估，失調的程度如何的問題。The biggest risk comes from measures linked to china ' s supposed exchange - rate misalignment
最大的風險來自測量假定的中國匯率失調的標準。Therefore, in section four, we try to seek the equilibrium exchange rate and take it as the criterion to assess yen ' s misalignment
因此在第四章中我們運用各種方法尋找這一「均衡匯率」 ，作為衡量匯率失調的指標。The detailed study by kaminsky et al shows that the best indicator of a crisis within the next 24 months is the real exchange rate relative to a trend
Kaminsky等人的研究也表明： 24個月內最好的貨幣危機預警指標就是實際匯率與其一般均衡趨勢的偏離，即實際匯率失調的水平。As continuous overvaluation will lead to currency crisis, if misalignment lasts too long time or the frequency is too high, it ' ll impact the economic growth of a country. equilibrium exchange rate now gets much more important in economics and economic policies
鑒于匯率的持續高估會導致貨幣危機，而且匯率失調的時間過長或匯率失調頻繁出現也會在中長期影響一國的經濟增長，均衡匯率在當今的經濟學和經濟政策中的影響越來越大。By means of the two methods, we set up two equilibrium real exchange rate models of yen respectively, and then, based on them we analyze misalignment of yen ' s real exchange rate. we find that before the year 1999, the two models are almost the same, but after that difference appears
我們分別應用這兩個模型建立了符合日本實際經濟狀況的日元均衡匯率模型並發現: 1999年以前，依據兩模型計算的日元實際匯率失調情況是基本一致的，而在此之後則有所差異。An alternative adjustment process, which may involve less risk to monetary and financial stability than exchange rate adjustments, may be to allow market forces to work through the internal cost and price structure
另一個調整國際收支失衡的方法，是讓市場力量發揮作用，促使內部成本及價格結構作出調整。這對貨幣與金融穩定帶來的風險可能會小於經匯率作出調整。As a core of foreign exchange theories, equilibrium exchange rate is the main objective criterion to justify whether misalignment has appeared to the real exchange rate
作為匯率理論的核心問題之一，均衡匯率是判斷實際匯率水平是否失調的主要客觀依據。On the basis of our analysis of it ' s reason, we choose the more suitable beer model, get long - run equilibrium real exchange rate of yen and also assess the misalignment of yen ' s rate since the beginning of it ' s fluctuation
我們分析了差異存在的原因，並在此基礎上選擇更符合日本情況的日元實際匯率的beer模型得到日元長期均衡實際匯率，進一步得出了日元浮動以來實際匯率的失調情況。And when the imbalance is corrected, the process may not be a smooth one at all, given the overshooting of the euro exchange rate that we have already seen
況且，鑒于歐元匯率過度受壓，失衡狀況的調整過程不一定能有規律地進行。分享友人