【摘要】 与多数发展中国家不同,人民币升值使中国的货币错配问题较为严重,持有大量外汇储备是解决货币错配问题的有效方法。人民币汇率和中国外汇储备不存在长期的稳定均衡关系,人民币升值是中国外汇储备增长的格兰杰原因,而中国外汇储备增长并不是人民币升值的格兰杰原因。要真正解决中国的货币错配问题,必须进行一系列的综合配套改革。更多还原

【Abstract】 RMB appreciation causes some serious problems in Chinese currency mismatch,which is different to most developing countries,therefore,holding large foreign reserve will be the most effective way to solve the problem of RMB currency mismatch.The authors analyze the present problems in Chinese economy trying to find some solution to currency mismatch,and put forward undergoing a comprehensive reform in economy.更多还原