摘要
该文从资本管制目标和手段等方面介绍了资本管制的国际经验,并以智利为例,就该国资本流入管理对实际汇率和宏观经济稳定的有效性进行实证分析,结论认为,资本管制从短期看是有效的,从长期看是无效的;在资本持续大量流入的环境下,不协调的宏观经济政策会直接影响到资本管制的有效性。
This paper introduces global experience of capital control with respect to its aims and instruments. Using Chile as an example, the author makes an empirical study on the effectiveness of managing capital inflow for real exchange rate and macro economic stability. The findings are： capital control is effective in the short run and ineffective in the long term; when capital floods in, misaligned macro-economic pglicy will directly influence the effectiveness of capital control.
出处
《中国货币市场》
2008年第5期8-11,共4页
China Money
关键词
资本管制
国际经验
实证分析
capital control, global experience, empiricalanalysis
