文档介绍:摘要
国际资本流动是我国货币当局面临的重要议题之一。随着我国金融市场的对外开放,资本自由流动是大势所趋。目前,在我国实施有管理的浮动汇率制度前提下,研究国际资本流动对我国货币政策有效性的影响,具有非常重要的意义。
本文在在界定国际资本流动定义、介绍其分类的基础上,分析了我国国际资本流动的现状,首先应用蒙代尔-弗莱明模型和克鲁格曼提出的“三元悖论”从理论上深入地分析了国际资本流动对货币政策的影响。接着从我国的实际情况出发从国际资本流动对我国货币供给量的影响、对我国货币币值稳定的影响、对我国央行货币政策的影响三方面探讨了国际资本流动对我国货币政策有效性的影响。
鉴于上述结论,本文提出了国际资本流动下提高货币政策有效性的建议:灵活运用多种货币政策工具冲销国际资本流动,加快放松资本帐户管制,提高,加强货币政策的国际协调。
关键词:国际资本流动,货币政策,货币供给量,蒙代尔-弗莱明模型
ABSTRACT
International capital flows is one of the important issues faced by the ary authorities in China. With the opening up of China's financial markets, the free movement of capital is the trend. At present, China's implementation of a managed floating exchange rate system under the premise of the study of international capital flows on the effectiveness of ary policy in China, has a very important significance.
    In this paper, in defining international capital flows definition, classification based on analysis of the status quo of China's international capital flows, the first application of the Mundell - Fleming Model and Krugman's "trilemma" theory on in-depth analysis of the impact of international capital flows on ary policy. Then departure from China's actual situation from international capital flows, the impact on the money supply in China, China's ary stability of the currency, China's central bank ary policy in three areas of international capital flows on the effectiveness of ary policy in China.
    In view of the above conclusions, the mendations of international capital flows to improve the effectiveness of ary policy: flexible use of various ary policy tools to write off international capital flows and accelerate the relaxation of capital account controls, improve the level of regulation of international capital flows, strengthening the ary policy of the international coordination.
Keywords:international capital flows,ary policy,money supply,Mundell-Fleming model.
目录
绪论 1
一、国际资本流动及其货币政策有效性理论 3
(一)国际资本流动的定义和现状 3
(二)蒙代尔-弗莱明模型 5
(三)