在一个生产率迅速增长的新兴经济体国内,其实际汇率也会随着时间的推移而上升,方式则可能要么通过高通货膨胀率,要么就是名义汇率的上升。
In an emerging economy with rapid productivity growth the real exchange rate should rise over time, through either higher inflation or a rise in the nominal exchange rate.
实际汇率是把两国的物价水平考虑在内经过调整的名义汇率,你通常看到引用的是名义汇率。
The real exchange rate adjusts the nominal exchange rate-the one you normally see quoted-by taking into account changes in the price levels in the two countries involved.
他们认为,浮动汇率制度下名义汇率和实际汇率的频繁波动将不可避免地导致国际贸易量的减少。
They believe that the frequent fluctuation of nominal and real exchange rates under the floating exchange rate regime will inevitably lead to the reduction in the volume of international trade.
研究结果表明,名义汇率和实际汇率都承受长远的关系(协整关系),而纠错的结果证实短期存在偏差关系。
Results of the study reveal that the nominal and real exchange rates bear a long run relationship (cointegrated), while the error correction results confirm short-run deviations in the relationship.
研究结果表明,名义汇率和实际汇率都承受长远的关系(协整关系),而纠错的结果证实短期存在偏差关系。
Results of the study reveal that the nominal and real exchange rates bear a long run relationship (cointegrated), while the error correction results confirm short-run deviations in the relationship.
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