A Study On The Influencing Factors Of China 's Currency Mismatch And Its Empirical Analysis

During the period o f 1980 s and 1990 s, the world saw a frequent outbreaks of international currency or financial crises. The financial scholars make more and more researches into the crises o f emerging markets, which evoke extensive concern to the problem o f cuiTency mismatches. As a developing country, China is also suffering from this difficult problem, but research on this problem in our country is still at the initial stage.On the basis o f domestic and foreign research results about the currency mismatch, this thesis places emphasis on the status quo ot our country s currency mismatches and makes qualitative analysis. Through the index introduced by Liu Shaobo and He Qingchun, currency mismatches during the period from 1987-2013 are measured. Here it also makes targets quantified and data collection on the influencing factors o f currency mismatch in China ? On this base, it makes a demonstration research o f these factors affecting currency mismatches in China through the model o f multivariate linear regression. It also compares the different regression results o f these factors, then draws the conclusion o f the demonstration analysis. Finally, in order to weaken the currency mismatch degree, it tries to give policy suggestions in allusion to these factors, according to the conclusions and realities o f China.