Based on the Mandel-Flaming model and the theory of ternary paradox, the paper has analyzed the effect of the monetary policy of China, pointing out that, under the condition of open economy, a three-level optimization is needed to raise the effect of the
Based on the Mandel-Flaming model and the theory of ternary paradox, the paper has analyzed the effect of the monetary policy of China, pointing out that, under the condition of open economy, a three-level optimization is needed to raise the effect of the
摘要基于蒙德尔－弗莱明模型及“三元悖论”理论，对中国货币政策效用进行了解析，指出在开放经济条件下提高货币政策效用，需要进行三个层次的优化：货币政策工具及内部组合优化、货币政策与财政政策配合优化、货币政策与汇率政策协调优化。