匯率平價 的英文怎麼說
中文拼音 [huìlǜpíngjià]
匯率平價
英文
par rate of exchange-
This average of the actual and the deflated exchanges rates is intended to smooth the impact of fluctuations in prices and exchange rates.
這一實際和減縮的匯率平均數，旨在消除價格和波動的影響。Why should give them income of price difference of additional exchange rate, inequitable to us
為什麼要給他們額外匯率差價收入，對我們不公平的。Model of exchange rate based on interest rate parity
基於利率平價關系的匯率模型The primary monetary policy objective of hong kong is currency stability, defined as a stable external exchange value of the currency of hong kong, in terms of its exchange rate in the foreign exchange market against the us dollar, at around hk $ 7. 80 to us $ 1
目標香港貨幣政策的主要目標是貨幣穩定，即確保港元匯價保持穩定，使港元兌美元的匯率保持在7 . 80港元兌1美元左右的水平。Under the opening economy condition, the exchange rate not only is a variable that affects the trade revenue and expenditure, but also becomes an important variable that affects macroeconomic policy of a country, international balances of payments, the domestic price level and the employment. exchange rate system influences monetary policy ultimate objective, and the currency supplies are not easy to control because that our country forces to complete a sale collects and the maintains exchange rate stably
在開放經濟條件下，匯率不僅是影響貿易收支的變量，而且成為影響一國宏觀經濟政策、國際收支平衡、國內物價水平和就業的重要變量。匯率制度影響貨幣政策最終目標，而且由於強制結售匯制度和維持匯率的穩定造成了貨幣中介目標貨幣供給量的內生性增強，外匯占款成為貨幣供給的主要渠道，大量外匯占款還改變了貨幣供給結構和貨幣政策傳導過程，加大了貨幣政策的操作難度。The sdr ' s value relative to the dollar has been determined by a weighted average of the exchange rates of 16 countries relative to the dollar
這種於美元相掛鉤的特別提款權的價值，是由16個國家相對於美元的匯率加權平均后得到的。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。Each member country of the imf undertakes to establish a parity of its currency in terms of gold and the us dollar and to keep fluctuations of the dollar exchange rate - - or, more exactly, the spot rate within the limits of the band or fluctuation margin
國際貨幣基金組織的每一個成員國承擔著穩定本國貨幣與黃金和美元平價的責任，並使美元匯率? ?或者，更準確地說? ?美元現匯匯率的波動限制在規定的幅度內。Bound test of the theory of purchasing power parity : evidence from rmb exchange rate
人民幣匯率購買力平價的界限檢驗We can say that ppp theory is the influential one among the numerous theories
可以說在眾多的匯率決定理論中，購買力平價理論是最有影響的。First, whether the nominal exchange rate of rmb accords with purchasing power parity is tested
首先對人民幣匯率是否符合購買力平價理論進行了驗證。Purchasing power parity is a classical theory about exchange rate research which is recognized by us
購買力平價理論已經是一個眾所公認的關于匯率研究的經典理論。Using market rates, the average american is 33 times richer than the average chinese ; on a ppp basis, he is “ only ” seven times richer
基於市場匯率，美國人均財富是中國的33倍；基於購買力平價理論，他們只比中國人富7倍。Small wonder, then, that global economic rankings are dramatically transformed when they are done on a ppp basis rather than market exchange rates
用購買力平價理論來衡量世界經濟與用市場匯率來衡量相比，世界經濟排名不會有很大的變化。After the breakdown of the system of bretton woods, the practice of frequent international capital flowing impels the development of the theory of decided exchange rate. this theory is from the theory of purchasing power parity, the theory of interest rate parity, the theory of international income and expenses to the theory of asset market. but, at present, the theory of cost in exchanging specially used in our country is applicable
布雷頓森林體系解體以來，國際間資本頻繁流動的實踐推動了匯率決定理論的發展，匯率決定理論也從購買力平價說、利率平價說、國際收支說走向資產市場說，但是我國特有的換匯成本說在當前還有一定的適用性，隨著國內外金融市場間的聯系漸趨緊密，利率平價說對於人民幣匯率變動的解釋力也會逐漸增強。With the trend of openness and integration of globlal economy, exchange rate is playing more and more important role in influencing the allocation of global resources. the sensitivity of the price of tradale goods to exchange rate fluctuation becomes the focus of international economics because it is a critical vector and transmitter when an economy is confronted of exogenous impact. traditional international economics theory assume that nominal exchange rate fluctuation has complete pass - through effect, namely it ’ s change will introduce proportional change of tradable goods, then it will influence such macroeconomic vector as term of trade, import and export, inflation, employment, productivity, income allocation, and so on. from a microeconomic angle, including pricing to market, innovative behavior, menu cost and sunk cost, the paper probe into the pricing model of international enterprices under floating exchange rate and testify the incomplete pass - through of exchange rate and it ’ s detailed reason, then discuss the inspiration it has on china. it ’ s believable this kind of research will play a big part in china ’ s exchange rate scheme and some macroeconomic problems such as exchange rate tranmitting channel and effects, exchange rate fluctuating behavior
傳統的國際經濟學理論認為，名義匯率的波動具有完全的傳遞性（ completepass - through ） ，即它的變化會引起同比例的進出口貿易品相對價格以及貿易品和非貿易品相對價格的變化，然後通過需求變動的支出轉移效應（ expenditureswitching ）來影響國內經濟的諸多宏觀變量，如貿易條件、進出口貿易額、通脹水平、就業量、勞動生產率以及收入分配等，本文從依市定價（ pricingtomarket ） 、創新行為、菜單成本以及沉澱成本等四個不同的微觀角度，通過對浮動匯率下國際壟斷競爭性生產廠商的定價模型具體而透徹的探討，論證了匯率的不完全傳遞性並深入分析了決定匯率傳遞彈性的重要影響因素，闡述了該理論對人民幣匯率的啟示，這樣的研究會對我國今後的匯率政策以及匯率的傳導機制、傳導效應、波動行為等宏觀經濟問題起到重要的作用。Main ideas and structure after introduction of some important issues related to sterilized intervention, such as the definition, the reasons, the target of intervention and its relation to the independence of the central bank in chapter 1, the paper researches the effectiveness of the portfolio balance channel on theory in chapter 2. after comparing the classical exchange rate models with portfolio balance model, i find non - sterilized intervention is effective under both models, but sterilized intervention is effective only under the latter, given that the uncovered interest parity ( ucirp ) does not
資產組合平衡渠道假定本外幣資產是不完全替代的，即無拋補利率平價不成立，央行通過影響投資者資產組合中不同貨幣標價的資產的相對供給量來影響匯率，沖銷干預有效;在預期渠道下，央行通過影響市場參與者對央行干預量的預期，影響其決策和行為，從而影響匯率。The classic exchange rate determination theory includes the theory of purchasing power parity and the theory of interest - rate parity. as the main part of modern exchange rate determination theory, the capital market method of exchange rate determination theory includes the currency model which includes elastic price model and viscous price model, the currency substitution model and the portfolio model. the contemporary exchange rate determination theory includes the speculation foam theory, the news model and the chaotic model
經典匯率決定理論主要是指購買力平價理論和利率平價理論；現代匯率決定理論主要是指匯率決定理論的資產市場方法，包括：貨幣模型、貨幣替代模型和資產組合模型，其中貨幣模型可以分為彈性價格模型和粘性價格模型；當代匯率決定理論主要包括：投機泡沫理論、新聞模型和混沌分析方法。This paper takes the exchange rate fluctuation in the international finance as the main object of study, introducing and appraising various theories of the exchange rate determination, which have theoretical influence and practical significance heretofore in the field of international finance firstly. these theories include traditional exchange rate determination theories and modern monetarist models
本文視匯率波動問題為研究主題，在簡要評述主要匯率決定理論基礎上，不僅分析了以購買力平價理論、利率平價理論為代表的傳統匯率決定理論，而且討論了以粘性價格模型、靈活價格貨幣模型、實際利差貨幣模型等現代匯率決定模型。On the other hand the real effective value of asian currencies typically depreciated as a globally weakening dollar carried currencies with nominal dollar parities or modest appreciation against the dollar along with it. china china s exports accelerated to 35 percent yy growth, up from 5 percent yy in the previous half - year
另一方面，受全球美元日漸疲軟的牽動，實行名義美元匯率平價的貨幣隨之波動，其他貨幣對美元的匯率適度升值，亞洲貨幣的實際有效價值因此下降。分享友人