开放经济条件下货币政策选择的博弈分析

An analysis of the minetary policy alternative under the condition of open economy

一国货币政策行为及其效应 ,是政策制定者与政策调节对象在主、客观条件的制约下进行理性决策的结果。在开放经济下 ,这种货币政策制定者与调节对象间的对局又引申到一国货币政策制定者与其他国家货币政策制定者、国际游资之间的博弈。本文就货币政策制定者在确定货币供给和维持本国汇率中所进行的博弈分析进行概要的阐述。

One nation's monetary policy behavior and its effect is the result of the rational decision made by the decision-makers and the policy adjusting object under the control of subjective and objective conditions.In open econoym,the contest between the monetary policy makers and the adjusting object leads to the compelition between one nation's monetary policy makers and other nations' monetary policy makers and international floating capitals.This paper makes an outline exposition of the analysis of setting the monetary supply and maintaining own nation's exchange rate made by the monetary policy maker.