Browsing by Author "Fujii, Eiji"
Now showing items 3-5 of 5
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The Overvaluation of Renminbi Undervaluation
Cheung, Yin-Wong; Chinn, Menzie D.; Fujii, Eiji (2007)The authors find little statistical that China's renminbi is undervalued. -
Pitfalls in Measuring Exchange Rate Misalignment: The Yuan and Other Currencies
Cheung, Yin-Wong; Chinn, Menzie D.; Fujii, Eiji (2009)Using a framework built around the relationship between relative price and relative output levels, the authors find little evidence that the renminbi is undervalued. The misalignment they detected in previous work disappears ... -
Why the Renminbi Might be Overvalued (But Probably Isn't)
Cheung, Yin-Wong; Chinn, Menzie D.; Fujii, Eiji (2005)The authors find that some approaches for evaluating China's renminbi imply substantial underevaluation, while others imply little or none, and other methods indicate slight overevaluation.