国际资本流入与货币政策效应博弈分析-国际贸易学专业论文.docxVIP

International International Capital Inflow and Effects of Monetary Policies： A Game Approach (Abstract) 111e more and more important capital inflow has exertcd impact on monetary policies such M money supply caused by international balance of payment and capital inflow，In order to achieve specific economic objectives，the central bank will calry out differeut monetary policies．being involved in complicated monetary transmission mechanism that includes foill- channels：interest rate channel，financial assets price channel，credit rationing charmel and exchange rate channel．ne monetary policies can affect International capital inflow by the exchange rate channel．In the light of capital iralow the monetary policies come into being， ineluding conduction of open market operations，alteration of reserve requirements and management ofgovernment reserve．while tlle intervention involves various policies． Game theory is廿le mathematical study of rational decision．made by interacting decision- makers．and of outcome．Ever since it was born in 1944 with the publication of a single book Theory of Games and Economic Behavior by J von Neumann and 0 Morgenstem．game theory has gradually consummated．as shown in many of its classical accomplishments， especially non-cooperative game theory．As a research approach for information and sequence or time order problem，it is widely applied in the field of economics．Clanle theory is being frequently practiced in such fields as microeconomics，macroeconomics，information economics and macro finance，etc．hl the thesis，the author tries to make a analysis of international capital inflow and effects of monetary policies based on the principles of game t}leory．So it is a development as welI酗application oftlle theory in international finance Based on the above analysis，the thesis applies the game theory in modeling capital inflow and effects of monetary policies by a game between the central bank and也e public,so as to work out the correlation between inter