Li, Ziran; Bao, Qin; Wang, Shouyang; Cheng, Siwei - In: Review of Pacific Basin Financial Markets and Policies … 16 (2013) 01, pp. 1350006-1
The relation between China's RMB exchange rate and US real economy has recently become a hotly debated issue among scholars, researchers, and policymakers. Using monthly data from Nov. 2001–Nov. 2010, this paper employs the cointegration test and VECM model to capture the relationships among...