Kiyotaka, SATO; Junko, SHIMIZU; SHRESTHA, Nagendra; … - Research Institute of Economy, Trade and Industry (RIETI) - 2010
We estimate the equilibrium exchange rate (EER) of the Chinese renminbi (RMB) vis-a-vis the U.S. dollar from 1992 to 2008. In contrast to the recent empirical studies on the EER employing a large cross-country analysis, we focus on the supply side real factors in estimating the EER by extending...
