数字人民币、人民币国际化与国际货币体系的可持续发展

IF 3.3 3区环境科学与生态学 Q2 ENVIRONMENTAL SCIENCES

Sustainability Pub Date : 2022-05-20 DOI:10.3390/su14106228

Chunming Shen

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引用次数: 5

摘要

国际货币体系的健康可持续发展是全球经济健康稳定发展的基石。本文以中国数字货币为研究对象，利用政权转换-转移自回归（STAR）模型和非线性时变参数-随机波动性-向量自回归（TVP-SV-VAR）模型，实证分析了数字人民币、人民币国际化与国际货币体系发展之间的关系。结果表明，DC/EP与人民币国际化的关系是时变的，在不同的经济形势下，上述关系存在显著差异。DC/EP可以促进人民币国际化，从而有助于国际货币体系的多元化。研究结果对经济和金融市场的健康和可持续发展具有重要的政策意义。

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Digital RMB, RMB Internationalization and Sustainable Development of the International Monetary System

The sound and sustainable development of the international monetary system is the cornerstone of the sound and stable development of the global economy. This paper takes digital currency in China as its research object and utilizes a regime-switching transition auto-regression (STAR) model and nonlinear time-varying parameter–stochastic volatility–vector auto regression (TVP-SV-VAR) model to empirically analyze the relationship between digital RMB, RMB internationalization, and the development of the international monetary system. The results show that the relationship between DC/EP and the internationalization of the RMB is time-varying, with the above relationship being significantly different in various economic situations. DC/EP can boost the internationalization of the RMB, and thereby contribute to the diversification of the international monetary system. The results have important policy implications for the sound and sustainable development of economic and financial markets.

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来源期刊

Sustainability ENVIRONMENTAL SCIENCES-ENVIRONMENTAL SCIENCES

CiteScore

6.80

自引率

20.50%

发文量

14120

审稿时长

17.72 days

期刊介绍： Sustainability (ISSN 2071-1050) is an international and cross-disciplinary scholarly, open access journal of environmental, cultural, economic and social sustainability of human beings, which provides an advanced forum for studies related to sustainability and sustainable development. It publishes reviews, regular research papers, communications and short notes, and there is no restriction on the length of the papers. Our aim is to encourage scientists to publish their experimental and theoretical research relating to natural sciences, social sciences and humanities in as much detail as possible in order to promote scientific predictions and impact assessments of global change and development. Full experimental and methodical details must be provided so that the results can be reproduced.