China’s Current Account and Exchange Rate
File(s):
- chinn2007-030.pdf (497.4Kb PDF)
- Author(s)
- Date
- 2007
- Series
- La Follette School Working Papers
- Abstract
- The authors examine whether the Chinese exchange rate is misaligned and how Chinese trade flows respond to the exchange rate and to economic activity. They find, first, that the currency is substantially below the value their cross-country estimates predicted. They also find that Chinese multilateral trade flows respond to relative prices.
- Permanent link
- http://digital.library.wisc.edu/1793/36234
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