TUPD-2023-002
| 表 題 | A Dynamic Analysis of Chinese Yuan (RMB)
Internationalization with Bayesian-Based Time Series Model |
| 著 者 | Zihe Li
東北大学経済学研究科 永易 淳東北大学経済学研究科 教授 |
| P D F |  |
| 要 旨 | The paper dynamically analyzes the recent RMB internationalization development. Unlike previous studies, we study the level of currency internationalization using explanatory factor analysis and rolling correlation calculation and report evidence that the Chinese RMB is still not a completely internationalized currency, but overall is internationalizing with a positive trend. Moreover, based on a Bayesian-based causal impact analysis, we study the effect of the COVID-19 pandemic on the process of RMB internationalization. |
| キーワード | 人民元の国際化 RMB internationalization; 因子分析 Factor analysis; 新型コロナウイルス感染症パンデミック COVID-19 pandemic; Bayesian
Causal impact |
| 発行年月 | 2023年 2月 |