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  5. The Impact of Exchange Rate Adjustment on the Macro Economy under the Open Economy DSGE Model

The Impact of Exchange Rate Adjustment on the Macro Economy under the Open Economy DSGE Model

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DOI: 10.25236/ssehr.2018.056

Author(s)

Xiangyue Chen

Corresponding Author

Xiangyue Chen

Abstract

The adjustment of RMB exchange rate will have an important impact on China's economic development. Based on the brief introduction of the concept and characteristics of the DSGE model, this paper analyzes and expounds the impact of RMB exchange rate adjustment on the national macro-economy based on the DSGE model, and gives relevant suggestions for monetary policy that can promote the country's macroeconomic development.

Keywords

Dsge Model, Exchange Rate Adjustment, Macroeconomics