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- W2383578705 abstract "This paper focuses on dynamical process and linkage between the scale of China's foreign exchange reserves and CPI with monthly data.The empirical results testify that there are reciprocal cause-and-effect and long-term cointegration relations between the scale of China's foreign exchange reserves and CPI.As for short term relations,it indicates that fluctuations in the scale of foreign exchange reserves make positive knock-on effects on CPI in China.Furthermore,it reveals the law that the relationship between the scale of China's foreign exchange reserves and CPI changes with the four phases in the innovative process of China's foreign exchange regime.Finally,policy suggestions of weakening the relationship to improve the effectiveness of the monetary policy in China are proposed." @default.
- W2383578705 created "2016-06-24" @default.
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- W2383578705 date "2012-01-01" @default.
- W2383578705 modified "2023-09-26" @default.
- W2383578705 title "An Empirical Research on the Dynamical Relationship between the Scale of Foreign Exchange Reserves and CPI in China" @default.
- W2383578705 hasPublicationYear "2012" @default.
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