Assessing Chinese Currency Regime (2012)
Journal Title: Journal of Empirical Economics - Year 2015, Vol 4, Issue 2
Abstract
The current study updates the question about the relation of Chinese currency with its major trading partner currencies. The study revolves to analyze the Chinese exchange rates. It is assumed that Chinese Yuan have a major relation with US Dollar and in order to find out such impact, around 2060 observations have been used and Dickey Fuller Unit root test has been applied in order to find out the trend and checked non-stationary at several levels. After that Multiple Regression had been applied on stationary observations. Finally result revealed that US Dollar and Japanese Yen have a significantly relation with Chinese Yuan whereas Euro and Great Britain Pound are not having significantly relation. It was also found that Chinese Yuan let itself change due to some internal factors.
Authors and Affiliations
Mohsin Hassan Alvi,Usman Kamal
Keywords
Related Articles
- EP ID EP27396
- DOI -
- Views 330
- Downloads 10
Determinants of Using Fixed-Term Contracts in the Egyptian Labor Market: Empirical Evidence from Manufacturing Firms Using World Bank Firm-Level Data for Egypt
Based on dual labor market theory, fixed-term contracts (FTCs) in the manufacturing sector in Egypt were analyzed to test the following hypothesis: Employers in the manufacturing firms use FTCs to adjust the level of e...
A SARIMA Fit to Monthly Nigerian Import Commodity Price Indices
This work involves the modelling of monthly Nigerian import commodity price indices. The actual realization analyzed is from 2000 to 2012 with January 2007 as the base period. The time plot shows a generally upward tre...
Sustainability of Microfinance in Ghana: A Theoretical Perspective
Microfinance has been a key development tool, and despite the current keen competition within the subsector, it continues to grow within the African sub-region. The microfinance sector has over the years thrived and dev...
On The Determinants of Credit Crunch in Italy: An Empirical Analysis on the Reasons Underlying This Phenomenon
The purpose of this paper is to investigate whether a credit crunch occurred in Italy during the recent financial crisis and to analyze the underlying factors. In order to disentangle credit supply and demand we specif...
Evaluation of Public Policies in Brazil and Their Relation to Pollution and Poverty
The present article has the objective of analyzing the relationship between the per capita income, the industrial pollution level and the poverty level of the Brazilian states. An adaptation of the model proposed by Gri...