@inproceedings{02c275e030c143afa150712746e98d11,
title = "A study on RMB as an international currency",
abstract = "This paper assesses the potential significance of the RMB as an international currency by drawing on the experiences of the other major currencies. Based on the work of Chinn and Jerrfey (2005) [1], we first estimate an empirical relationship between currency shares of reserve holdings and main determinants. Using the empirical results we do a simulation about the potential share of the RMB in the total world reserves if it were to become fully convertible today under three different cases, the results suggest that the RMB's potential as a reserve currency would be very large.",
keywords = "Currency share, International currency, RMB Internationalization",
author = "Haijun Yang and Mengmeng Lou",
year = "2010",
doi = "10.1109/ICMSS.2010.5576447",
language = "英语",
isbn = "9781424453269",
series = "2010 International Conference on Management and Service Science, MASS 2010",
booktitle = "2010 International Conference on Management and Service Science, MASS 2010",
note = "2010 International Conference on Management and Service Science, MASS 2010 ; Conference date: 24-08-2010 Through 26-08-2010",
}