摘要
本文对不可能三角模型引入本币国际借债能力变量 ,尝试将不可能三角模型扩展为四面体假说 ,并且证实不可能三角模型是四面体假说的一个特例。在此基础上 ,根据现实中各国汇率制度选择的多因素差异性与互动性 ,我们预测 ,汇率制度的选择将是多种汇率制度形式并存与相互转换的。
This paper attempts to extend the model of impossible trinity into the hypothesis of four- sided figure,by introducing the variable of the ability to borrow abroad in domestic currency.Furthermore, we confirm that the model of impossible trinity is a special case of the hypothesis of four- sided figure. With the above discussion,we predictthat the choice of exchange rate regime may be the co- existence and mutual transition among different exchange rate regimes,each country should choose its optimal exchange rate regime according to its own situation.
出处
《世界经济》
CSSCI
北大核心
2002年第10期3-9,共7页
The Journal of World Economy