文章重点论述了交易成本对真实汇率波动性的影响。
The paper examines the impact of trade costs on real exchange rate volatility.
托宾税通过交易成本上升以降低全球资本流动性和各国货币汇率波动性。
Tobin tax is used for reducing the fluidity of international capital and the fluctuation of the currency exchange rate via increasing the trade cost.
内容提要2005年7月人民币汇改以来，人民币汇率波动性显著增强。
Since the reform of Chinese currency regime started in July 2005, the volatility of RMB exchange rate has increased dramatically.
那些海外配置偏低的人通常是因为担心汇率风险、外国股市的波动性大和对监管力度不放心。
Those with lower allocations to overseas shares cite concerns about currency risk, a higher volatility of foreign shares and lax oversight of foreign companies.
那些海外配置偏低的人通常是因为担心汇率风险、外国股市的波动性大和对监管力度不放心。
Those with lower allocations to overseas shares cite concerns about currency risk, a higher volatility of foreign shares and lax oversight of foreign companies.
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