资本管制与蒙代尔-弗莱明模型

经典的蒙代尔-弗莱明模型的前提假设过于苛刻，各国的实际情况往往跟该模型的前提假设有很大差距，笔者尝试拓宽M-F模型，深入明确地分析一下资本管制松紧程度不同对财政、货币政策效应产生的影响问题，以及冲销政策和资本管制对于“三元冲突”的影响问题。关键词：蒙代尔-弗莱明模型；资本管制；冲销政策；三元冲突；政策搭配

Capital Controls and Mundell- Fleming Model

The destine conditions of the classic Mundell-Fleming model is too stem to the true cases of some countries. Some people put forward some criticisms and viewpoints, but they did not think about the problems that the different degrees of the capital control will influence the effect of financial policy besides monetary policy. Since the fluidity of capital is a very important factor of the M-F model, we are going to widen the destine conditions and enter into an analysis on the different effects of financial and monetary policies under different degrees of the capital control and the influence on tri-conflict from offset policy and capital control.