發(fā)布時(shí)間：2018-01-07 11:13

  本文關(guān)鍵詞：匯率波動(dòng)與國(guó)際資本流動(dòng)結(jié)構(gòu)　出處：《復(fù)旦大學(xué)》2012年碩士論文　論文類(lèi)型：學(xué)位論文

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【摘要】：本文的目的是要通過(guò)理論和實(shí)證分析來(lái)確定匯率波動(dòng)對(duì)國(guó)際資本流動(dòng)結(jié)構(gòu)的影響。 本文主要分為六個(gè)部分。第一部分是引言,這部分介紹本文的研究背景、研究意義、研究方法和創(chuàng)新性。第二部分,我們回顧了前人對(duì)于相關(guān)領(lǐng)域的研究成果,評(píng)述了前人關(guān)于“國(guó)際資本流動(dòng)結(jié)構(gòu)理論”及“匯率-國(guó)際資本流動(dòng)相關(guān)性理論”的論述,并初步發(fā)掘了可以進(jìn)行理論拓展的領(lǐng)域。第三部分,我們確定了理論建立的方法,深入分析了信息不對(duì)稱的影響,并將這種影響納入到動(dòng)態(tài)隨機(jī)分析的框架之中,得到了匯率波動(dòng)性加強(qiáng)會(huì)導(dǎo)致FDI在國(guó)際資本流動(dòng)中比例的上升。第四部分,我們利用多國(guó)面板數(shù)據(jù)和PCSE方法估計(jì)了模型,我們發(fā)現(xiàn)匯率水平對(duì)于國(guó)際資本流動(dòng)結(jié)構(gòu)的影響有限,匯率波動(dòng)對(duì)于國(guó)際資本流動(dòng)結(jié)構(gòu)的影響確實(shí)存在,而且這種影響會(huì)隨著信息不透明度的上升而加大。第五部分,利用前面的結(jié)論,我們分析未來(lái)中國(guó)匯率走向浮動(dòng)、資本項(xiàng)目放開(kāi)后可能面臨的一些問(wèn)題,并提出了短期和長(zhǎng)期的政策建議。
[Abstract]:The purpose of this paper is to determine the impact of exchange rate fluctuations on the structure of international capital flows through theoretical and empirical analysis. This paper is divided into six parts. The first part is the introduction, this part introduces the research background, research significance, research methods and innovation. The second part. We review the previous research achievements in related fields, and comment on the theory of "the structure of international capital flows" and "exchange-international capital flow correlation theory". In the third part, we determine the method of establishing the theory and deeply analyze the influence of information asymmetry. And this impact into the dynamic random analysis framework, the exchange rate volatility will lead to an increase in the proportion of FDI in international capital flows. 4th part. We estimate the model by using multi-country panel data and PCSE method. We find that the effect of exchange rate level on the structure of international capital flows is limited, and the impact of exchange rate fluctuations on the structure of international capital flows exists. And this impact will increase with the increase of information opacity. Part 5th, using the previous conclusions, we analyze the future of China's exchange rate floating, capital account liberalization may face some problems. And put forward short-term and long-term policy recommendations.
【學(xué)位授予單位】：復(fù)旦大學(xué)
【學(xué)位級(jí)別】：碩士
【學(xué)位授予年份】：2012
【分類(lèi)號(hào)】：F832.6;F831.7;F224

【引證文獻(xiàn)】

相關(guān)碩士學(xué)位論文 前1條

1 樊志強(qiáng);人民幣升值對(duì)韓國(guó)經(jīng)濟(jì)影響研究[D];延邊大學(xué);2013年

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本文編號(hào)：1392311