It demonstrates that in a uncertain world with two-way capital flows and investors lag- ging assets adjustment,capital flows caused by investors asset reallocationwould.

本文在Turnovsky的随机一般均衡两国模型框架下,在居民最优化行为、弹性价格基础上考虑了两国双向资本流动与资产调整的时滞,说明在不确定性环境中,投资者的资产调整所引发的资本流动也将使名义汇率呈现非线性特征,它显示了名义汇率在短期内存在的波动性。

This article started with the geographical environment basis of dividing administrative district,discussed the interactive relationship between resource object exploited in ancient China and the administrative division that had completed gradually,showing that the resource regulationwas the main line that run through the dividing of administrative district in ancient China.

实际上,资源调控是贯穿于中国古代政区划分的一条主线,是"魂"。