Dissertation > Excellent graduate degree dissertation topics show

Exchange Rate Policy Reserch between China and U.S. as the Level of Oil Price

Author: SunYue
Tutor: LiXiaoMei
School: Huazhong University of Science and Technology
Course: World economy
Keywords: Oil price Dollar hegemony Exchange rate policy game Oil futures
CLC: F752.6
Type: Master's thesis
Year: 2010
Downloads: 104
Quote: 0
Read: Download Dissertation


Exchange rate policy game is that U.S. requires China to accelerate the appreciation of RMB by using the dollar hegemony. But China tends to control the pace of appreciation of RMB in order to reduce the negative impact on the domestic export trade and overall economic development. This paper focuses on the role of oil price in exchange rate policy game between China and U.S. Then makes appropriate recommendations on our energy policies and exchange rate policy.In the empirical part, this paper selects the monthly datas of WTI oil futures prices, the U.S. dollar index and the effective exchange rate of RMB against the U.S. in 2005-2009. Then according to the logistic regression model, article analyzes the impacts of dollar index on oil prices and oil prices on the impact of the RMB exchange rate. On this based, the transmission mechanism of depreciation of the dollar led to RMB appreciation is showed in the end.Empirical research demonstrates that:The dollar index has significant impact on oil price, and it is one of the main causes of oil price volatility; oil imports oil prices have significant impacts on RMB exchange rate; In the exchange rate policy game between China and U.S., oil prices is an important intermediate variable which leading to more significant appreciation of the RMB. In the end, according to the conclusion, this paper presents proposals of breaking the dollar hegemony, accelerating the establishment of China’s oil futures market , improving the financial system and actively seeking for RMB settled in oil transactions.

Related Dissertations

  1. Research in World Crude Oil Price and Its Factors,F713.35;F224
  2. The Research on the Impact of International Oil Price Fluctuation on China’s Oil Industry and the Countermeasures,F426.22
  3. A Study of Oil-Market Management Based on VaR-Garch Models,F224
  4. The Study of Risk Control in Chinese Crude Oil Futures Market after It Restored,F724.5
  5. International Crude Oil Price Stability Based on Complex Network,F713.35;F224
  6. The Study on Efficiency of Chinese Fuel Oil Futures Market,F426.22;F224
  7. Influences of International Oil Price Fluctuation on Chinese Macroeconomy: An Econometric Analysis,F416.22;F124
  8. Analysis about Hedging in Crude Oil Futures of Chinese Petroleum Market,F224
  9. China’s Oil Security and Trade in the World Oil Market,F426.22
  10. Study on Oil-price Fluctuation and Risk of Oil-consuming Enterprises,F426.22
  11. Impact of International Oil Fluctuations in Prices Over China’s Economy and Its Countermeasures,F416.22
  12. The Study on Formation Mechanism and Fluctuating Factors of International Crude Oil Price,F713.35;F224
  13. Oil Price Shocks: Macroeconomic Influence and the Adjustment of Monetary Policy,F822.0;F224
  14. RMB exchange rate policy research in the U.S. dollar hegemony system,F832.6
  15. American financial hegemony from the Asian financial crisis,F837.12
  16. Oil Price System Simulation and Optimal Strategy of Petroleum Enterprises,F426.22
  17. The Application of Regularized Least-Squares Regression to Time Series Model Based on Statistical Learning Theory,F224
  18. Research on Theory and Methods of Oil Market Risk Management,F407.22
  19. Quantitative Research on the Intrinsic Associated Mechanism between Volatility in International Crude Oil Prices and China’s Economic Growth,F416.22;F124
  20. The Study about the Risk of Oil Futures Market,F724.5

CLC: > Economic > Trade and Economic > States foreign trade > China's foreign trade > Import and Export Trade Overview
© 2012 www.DissertationTopic.Net  Mobile