search query: @author Lin, Qun / total: 2
reference: 1 / 2
« previous | next »
| Author: | Lin, Qun Xu, Yun |
| Title: | Game of exchange rate control under unsymmetrical information (original in Chinese) |
| Journal: | International Economics and Trade Research (c)
1999 : 3, p.21-24 |
| Index terms: | EXCHANGE RATES SAFETY MONETARY POLICY |
| Language: | chn |
| Abstract: | Recently, many views on preventing unemployed capital and resolving financial risk has emerged. These views can be divided into 2 categories: one is to comparatively strictly control the unemployed capital and make it "employed". However, it should be recognized that unemployed capital has its positive aspect in economic development, this way is against the trend of economic integration and financial globalization; the other view believes the domestic financial system is to be improved and completed to prevent unemployed capital and reduce the proportion of bubble economy. This measure gets at the root, but system and capability can not be improved and completed in one day. The article analyzing that what way the government should make the optimized strategic choice when unemployed capital threa -tens the stability of the exchange rate and economic safety |
« previous | next »
SCIMA