摘要
不同国家或同一国家在不同经济发展阶段的汇率政策取向是不同的,这源于政府出于本国利益考虑的均衡汇率期望。固定汇率制与伸缩汇率制难以形成单一均衡汇率的事实,曾致使许多国家采取外汇管制措施。外汇管制与汇率均衡之间存在着相关性,从政府实施外汇管制是为了平衡国际收支、保住平价、防止通货膨胀和维护国内政策的独立自主性等目的来考察,政府是理性经济人;但基于政府在外汇管制和实现汇率均衡中的决策有时是出于经济性和非经济性的混合原因,对政府决策行为的定性分析就必须围绕政府面对特定事件时的决策动机、偏好和效用函数来进行。也就是说,应当把外汇管制、汇率均衡与政府决策行为放置于同一框架来研究。
There are different rate policies at different stages of economic development towards the same country and different countries, which is from the equilibrium exchange rate expectations of government. Fixed exchange rate system and the floating exchange rate system are difficult to form a single equilibrium exchange rate. This fact makes exchange control in many countries. Because of the fact that the developed and developing countries take exchange control as the export trade, capital flows and exchange rate control tools, we need to analyze the internal regulations of government decision-making in theory. There is a correlation between the exchange control and equilibrium exchange rate. From the imposition of exchange controls to balance international payments, to keep parity, to prevent inflation and maintain the independence of domestic policy, the government is rational economic man. However, due to the government＇s economic and non-economic reasons of exchange con- trol and balance of exchange rate policy, we need to focus on the decision-making motivation, preferences and the utility function of government when conducting qualitative analysis of government decision-making.
出处
《学术月刊》
CSSCI
北大核心
2011年第5期61-68,共8页
Academic Monthly
基金
浙江省高校人文社会科学重点研究基地金融学资助项目
关键词
外汇管制
汇率均衡
政府期望的均衡汇率
理性经济人
理性和非理性决策
exchange control, equilibrium exchange rate, equilibrium exchange rate the government hopes, rational economic man, rational and irrational decision-making
