| 摘要 | 第1-6页 |
| ABSTRACT | 第6-10页 |
| Chapter 1 Introduction | 第10-16页 |
| ·Research Background | 第10-11页 |
| ·Research Objective | 第11-12页 |
| ·Research Methodology | 第12-13页 |
| ·Thesis Structure | 第13-16页 |
| Chapter 2 Theory and Literature Review | 第16-33页 |
| ·Monetary Policy Making in Open Economy:from the Perspective of the Impossible Trinity | 第16-28页 |
| ·Open Economy IS-LM-BP Framework(The Mundell-Fleming Model) | 第16-21页 |
| ·Krugman's "Impossible Trinity" | 第21-24页 |
| ·Extended "Impossible Trinity" | 第24-28页 |
| ·Open Economy and Chinese Monetary Independence | 第28-31页 |
| ·Summary | 第31-33页 |
| Chapter 3 The Impact of Open Economy on Monetary Policy | 第33-65页 |
| ·Impact on Objectives of Monetary Policy | 第34-38页 |
| ·Impact on Intermediate Targets of Monetary Policy | 第38-42页 |
| ·Impact on Conduction/Transmission Mechanism of Monetary Policy | 第42-49页 |
| ·The Interest Rate Channel | 第42-44页 |
| ·The Credit Channel | 第44-47页 |
| ·The Exchange Rate Channel | 第47-49页 |
| ·China's Impossible Trinity Configuration in Open Economy | 第49-63页 |
| ·Summary | 第63-65页 |
| Chapter 4 Empirical Analysis of Chinese Monetary Independence in Open Economy | 第65-85页 |
| ·Model Specification | 第65-68页 |
| ·Quantitative Analysis Procedure | 第68-70页 |
| ·Data and Estimation Results | 第70-81页 |
| ·Data Collection | 第70-74页 |
| ·Test for Stationarity | 第74-75页 |
| ·OLS Estimations | 第75-77页 |
| ·Model Adjustment and Diagnostic Tests | 第77-79页 |
| ·Testing for the Causality | 第79-81页 |
| ·Discussion of Results | 第81-84页 |
| ·Summary | 第84-85页 |
| Chapter 5 Recommendations and Future Research | 第85-92页 |
| ·Recommendations | 第85-90页 |
| ·Promote the Reform of Exchange Rate Regime | 第86-88页 |
| ·Strengthen Supervision of International Short-term Speculative Capital Flows | 第88-89页 |
| ·Improve the Effectiveness of Chinese Monetary Policy Making | 第89-90页 |
| ·Suggestions for Future Research | 第90-92页 |
| Acknowledgements | 第92-94页 |
| References | 第94-98页 |
