Exchange Rate Fluctuation, Money Supply and GDP

DOI

10.2991/essaeme-17.2017.220How to use a DOI?

Keywords

Exchange Rate Fluctuation, Money Supply, GDP, SV-TVP-VAR Model

Abstract

In order to reflect the time-varying and non-linear characteristics of the exchange rate fluctuation and the effect of money supply on GDP, this paper constructs the stochastic fluctuation model and time-varying parameters based on the analysis of exchange rate fluctuation and money supply to the GDP mechanism and path Vector auto-regressive model. The empirical study shows that there are obvious shortcomings in the traditional parameters model, the exchange rate fluctuation and the influence of the money supply on the GDP are obviously time-varying. The impact size has obvious difference and the lag longer the duration, the weaker the effect, the more flexible and more efficient the transmission mechanism of exchange rate fluctuations and the effect of money supply on GDP.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Baoshuai Zhang
PY  - 2017/07
DA  - 2017/07
TI  - Exchange Rate Fluctuation, Money Supply and GDP
BT  - Proceedings of the 2017 3rd International Conference on Economics, Social Science, Arts, Education and Management Engineering (ESSAEME 2017)
PB  - Atlantis Press
SN  - 2352-5398
UR  - https://doi.org/10.2991/essaeme-17.2017.220
DO  - 10.2991/essaeme-17.2017.220
ID  - Zhang2017/07
ER  -