theory of purchasing power parity meaning in Chinese
购买力平价理论
Examples
- Bound test of the theory of purchasing power parity : evidence from rmb exchange rate
人民币汇率购买力平价的界限检验 - The classic exchange rate determination theory includes the theory of purchasing power parity and the theory of interest - rate parity . as the main part of modern exchange rate determination theory , the capital market method of exchange rate determination theory includes the currency model which includes elastic price model and viscous price model , the currency substitution model and the portfolio model . the contemporary exchange rate determination theory includes the speculation foam theory , the news model and the chaotic model
经典汇率决定理论主要是指购买力平价理论和利率平价理论；现代汇率决定理论主要是指汇率决定理论的资产市场方法，包括：货币模型、货币替代模型和资产组合模型，其中货币模型可以分为弹性价格模型和粘性价格模型；当代汇率决定理论主要包括：投机泡沫理论、新闻模型和混沌分析方法。 - After the breakdown of the system of bretton woods , the practice of frequent international capital flowing impels the development of the theory of decided exchange rate . this theory is from the theory of purchasing power parity , the theory of interest rate parity , the theory of international income and expenses to the theory of asset market . but , at present , the theory of cost in exchanging specially used in our country is applicable
布雷顿森林体系解体以来，国际间资本频繁流动的实践推动了汇率决定理论的发展，汇率决定理论也从购买力平价说、利率平价说、国际收支说走向资产市场说，但是我国特有的换汇成本说在当前还有一定的适用性，随着国内外金融市场间的联系渐趋紧密，利率平价说对于人民币汇率变动的解释力也会逐渐增强。