斯旺模型是在假定经济体不存在国际资本流动的前提下研究内外均衡冲突并提出政策搭配建议的。
本文介绍了一个考虑了资本流动时竞争效应与平衡表效应的新斯旺模型。
This paper proposed a new Swan model, which takes such effects as capital mobility and balance sheet channel into consideration.
通过分析我国的新斯旺模型，本研究发现具有竞争效应小于平衡表效应的特征。
It showed that when we apply this model to China, the competition effect is weaker than the balance sheet channel.
但是美国人却说，斯旺爵士的灯泡只是一个模型，而不能用作商业生产。美国人一定会这样说的，是不？
The Americans say it was just a working model and not a commercial reality... but then they would say that, wouldn't they?
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