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Issue:
On Appropriate Scale of Foreign Exchange Reserve
Author(s):
WANG Li-rong
,
LIU Li-zhen
Pages:
113
Year:
2009
Issue:
3
Journal:
Journal of Northeast Normal University(Philosophy and Social Sciences)
Keyword:
外汇储备
;
适度规模
;
审慎性动机
;
Abstract:
伴随中国外汇储备规模屡创新高,以及中国外汇储备受到美元贬值、美国金融危机的冲击,外汇储备适度规模的研究引起了理论界的重视.笔者在全面回顾外汇储备最优规模理论研究的基础上,在考虑中国特殊国情的情况下,对我国应持有外汇储备合理规模进行了测算.结果表明,2004年起,外汇储备总额超出了合理规模上限,对人民币升值形成压力.
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