DocumentCode
1858965
Title
Notice of Retraction
An empirical study on China´s foreign exchange reserve
Author
Yang Yan-fei ; Zhou Si-ru ; Liu Qing-guo
Author_Institution
Air Force Radar Acad., Wuhan, China
Volume
3
fYear
2011
fDate
13-15 May 2011
Firstpage
462
Lastpage
465
Abstract
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Foreign exchange reserve is a government´s international reserve assets held in foreign currency, and is an important component of economic strength of a country. However, according to economic theory and experience of other countries, foreign exchange reserve of a country is not “the more, the better”. On the basis of classical theories and previous studies, we tried to study the main economic factors influencing the scale of foreign exchange reserve, and then established a model which related the scale of foreign exchange reserve to these economic factors. Based on the model and China´s economic data, the simulation was done, and the moderate scale of China´s foreign exchange reserve was given. Some suggestions on the policy of China´s foreign exchange reverses were given at the end of this paper.
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Foreign exchange reserve is a government´s international reserve assets held in foreign currency, and is an important component of economic strength of a country. However, according to economic theory and experience of other countries, foreign exchange reserve of a country is not “the more, the better”. On the basis of classical theories and previous studies, we tried to study the main economic factors influencing the scale of foreign exchange reserve, and then established a model which related the scale of foreign exchange reserve to these economic factors. Based on the model and China´s economic data, the simulation was done, and the moderate scale of China´s foreign exchange reserve was given. Some suggestions on the policy of China´s foreign exchange reverses were given at the end of this paper.
Keywords
foreign exchange trading; China foreign exchange reserve; foreign currency; government international reserve assets; Data models; Economic indicators; Equations; Exchange rates; Investments; Mathematical model; cointegration; foreign exchange reserve; moderate scale;
fLanguage
English
Publisher
ieee
Conference_Titel
Business Management and Electronic Information (BMEI), 2011 International Conference on
Conference_Location
Guangzhou
Print_ISBN
978-1-61284-108-3
Type
conf
DOI
10.1109/ICBMEI.2011.5920494
Filename
5920494
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