运用DD-AA模型检验外国价格水平P*短期内上升的影响。假定未来预期汇率Ee会立即与P*成比例地上升(按购买力平
运用DD-AA模型检验外国价格水平P*短期内上升的影响。假定未来预期汇率Ee会立即与P*成比例地上升(按购买力平价理论),证明汇率也将立即对应P*的上升比例而上升。如果开始时经济处于内部平衡和外部平衡点,这一平衡点会因为P*的上升而发生改变吗?
Use the DD-AA model to examine the effects of a one-time rise in the foreign price level,P*.If the expected future exchange rate Eerises immediately in proportion to P*(in line with PPP),show that the exchange rate will also appreciate immediately in proportion to the rise in P*.If the economy is initially in internal and external balance,will its position be disturbed by such a rise in P*?
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