The new system can maintain the merits of both the fixed exchange rate system and the floating ex-change rate system and overco.
随着世界经济一体化进程的加快,国际间的贸易与资本流动越来越大,采用什么样的汇率制度成为各国政府首要考虑的问题;文章根据现行汇率制度及其发展规律,设计一个既能保持固定汇率制度和浮动汇率制度的优点,又能克服其不足的新汇率制度,称之为IM,经模拟检验证明,IM汇率制度下汇率的波动明显地减小。
In view of the importance and effectiveness of exchange rate policy to the accomplishment of macroeconomic equilibrium, this article mainly analyzes the correlation between China s current fixed exchange rate system and the economic objects of internal equilibrium.
基于汇率政策在实现宏观经济均衡中的重要性和有效性 ,本文着重分析我国现行的固定汇率制度与内部均衡所要达到的经济目标之间的相关性。
International exchange regime,in effect,experiences a circle, namely,from fixed exchange regime to floating exchange regime,which is in a process of self-negation and spiral growth.
20世纪的国际汇率制度其实一直都在进行着从固定汇率制到浮动汇率制、再从浮动汇率制到固定汇率制的循环,整个过程既自我否定又螺旋上升,因此,它实质上是一个相互转化的动态体系。
International exchange regime,in effect,experiences a circle,namely,from fixed exchange regime to floating exchange regime,which is a process of self-negation and spiral growth.
20世纪的国际汇率制度其实一直都在演绎从固定汇率制到浮动汇率制,再从浮动汇率制到固定汇率制这么一种循环,整个过程既自我否定又螺旋上升,昭示了其实质是一个相互转化的动态体系,没有任何一种汇率制度适合所有国家和一个国家的所有时期,只有相机抉择才是其中的关键,这点对我国当前人民币汇率制度的选择尤其具有启示意义。
fixedvate dollar market
固定汇率的美元市场
Pegged Exchange Rate System
固定汇率制度/钉住汇率制度
A fixed rate is one that is set and maintained by a government or central bank.
固定汇率是固定的并由政府或中央银行维持。
Revaluation refers to fixed exchange rates.
货币的重新估值涉及到固定汇率。
Fixed Exchange Rate Regime and Propagation Mechanism of Deflation;
固定汇率安排与通货紧缩的国际传染
It was decided to float the pound because a fixed value was damaging exports.
决定浮动英镑的汇率, 因为固定汇率不利于出口贸易。
Automatic Stability of an Economy under Fixed or Floating Regime;
固定汇率制度与浮动汇率制度下经济的自动稳定性
The value of one currency compared to another for the purpose of exchange is determined by either a“ fixed” or a“ floating” rate.
一种货币对另一货币的转换价值取决于固定汇率或浮动汇率。
The monetary authorities should adopt floating exchange rate system rather than fixed one.
在开放经济条件下 ,货币当局应采取浮动汇率制而不是固定汇率制 ;
A problem with long-term controversy in economics is: whether fixed exchange rate is better than floating exchange rate?
经济学中长期争论的一个问题是:固定汇率是否优于浮动汇率?
Many have questioned the need for us to maintain a fixed exchange rate policy.
很多人质疑我们是否需要维持固定汇率政策。
Effective Analysis of Economic Pdiuies In the System of Regular Exchange Rate;
固定汇率制下的经济政策的有效性分析
Choice of monetary policy framework after retreating from fixed exchange rate anchor
从固定汇率锚退出后的货币政策框架选择
International economists have been debating whether fixed or flexible exchange rates would be more likely to play the role of automatic stabilizer.
一些国际经济学家一直在争论,究竟是固定汇率还是变动汇率更有可能起自动稳定器的作用。
Therefore,the logical conclusion is that the reorientation of exchange rate regime should be that between fixed exchange rate and floating exchange rate.
故逻辑地推论出 :汇率制度重新设计的方向应当考虑介于固定汇率与浮动汇率两者之间的汇率体制
It would be better, goes the argument, to choose between irrevocably fixed exchange rates (or, better still, dollarisation) and freely floating rates.
这种观点认为,最好在完全的固定汇率(或者更好是实行美元化)和自由浮动汇率两者间选择。
Second, China's fixed exchange rate makes it hard to keep credit growth under control.
第二,中国的固定汇率制度使得很难控制信贷增长。
The forward exchange rate is the rate that is contracted today for the delivery of a currency at a specified date in the future,
远期外汇汇率是以合约形式固定下来的,