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目前已有的文献关于人民币汇率走势问题的分析大多采用这样一个思路:根据西方汇率决定理论,做必要的修正之后,选取统计数据代人模型计算出人民币的均衡汇率,然后把它与实际汇率相比较确定人民币汇率是高估还是低估,从而得出人民币应当贬值、升值还是保持稳定结论。例如,?
At present, most of the existing literature on the RMB exchange rate trend analysis adopts the idea that according to the theory of western exchange rate determination, after making the necessary amendments, the statistical generation model is selected to calculate the equilibrium exchange rate of RMB, and then it is compared with the real exchange rate To determine whether the RMB exchange rate is overvalued or underestimated, we can conclude whether RMB should devalue, appreciate or remain stable. E.g,?