| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5059740 | Economics Letters | 2012 | 4 Pages |
Abstract
⺠We investigate the transmission effects by utilizing nonparametric models. ⺠We employ VAR co-integration analysis to obtain the number of lagged periods. ⺠We estimate the two kinds of elasticity with nonparametric estimations. ⺠We calculate the cross elasticity of foreign exchange reserves to consumer price index. ⺠We find that increase in foreign exchange reserves will lead to increase in price level.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Langnan Chen, Shoufeng Huang,