Series: IMF Working Papers
Author(s): Tao Wang
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 2004
Keywords: real exchange rate, structural VAR, exchange rate, effective exchange rate, real effective exchange rate, exchange rate fluctuations, Multiple or Simultaneous Equation Models: Time-Series Models, Open Economy Macroeconomics, Economywide Country Studies: Asia including Middle East,
This paper reviews the evolution of China's real effective exchange rate between 1980 and 2002, and uses a structural vector autoregression model to study the relative importance of different types of macroeconomic...