| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5087567 | Journal of Asian Economics | 2011 | 14 Pages |
Abstract
⺠We explore price and exchange rate linkages between China and the G3 (US, Euro-area and Japan). ⺠We find that reduced export prices from China contribute to depress import prices in the G3. ⺠The price effect in China due to lower cost is found to dominate the exchange rate effect for the US. ⺠Thus the RMB exchange rate policy matters little and a revaluation of the RMB has limited effect. ⺠But, a relatively flexible RMB-Euro rate does make the exchange rate effect influential.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Brigitte Granville, Sushanta Mallick, Ning Zeng,