This study provides quarterly time-series estimates of the misalignment in the REER of the Renminbi (RMB). The … estimation is based on a commonly used economic approach, but with a wider and more up-to-date coverage of data and a more … importantly, our estimates demonstrate that there is no significant undervaluation in the REER of the RMB though downward …

This study provides quarterly time-series estimates of the misalignment in the REER of the Renminbi (RMB). The … estimation is based on a commonly used economic approach, but with a wider and more up-to-date coverage of data and a more … importantly, our estimates demonstrate that there is no significant undervaluation in the REER of the RMB though downward …

, the renminbi (RMB), this article highlights a few challenges in properly assessing the extent of currency misalignment …