2014年第5期金砖国家国际资本流动性度量及比较研究.doc.docVIP

《南开经济研究》2014年第5期 金砖国家国际资本流动性度量比较研究卞学字 范爱军 山东大学经济学院 250100） 摘要关键词消费平滑Measuring and comparison of BRICS’ international capital mobility Fan Ai-jun Bian Xue-zi (Economic School of Shandong University, Jinan 250100，China) Abstract：As an important indicator of independence of monetary policies and openness of capital markets in an open economy, international capital mobility attracts attention of many scholars and central banks. By extending theoretical intertemporal current account model to include real exchange rate, the authors expect to improve its explanation power in this way. Construc