Besides, it also gives optimal testable strategy and predicts that it is very possible for monetary dominant Ricardian regime to be direction of second institutional reform in China.

• 除理论框架外，本文还给出了检验该框架的最优检验策略，并且预言货币主导型的李嘉图制度将很可能成为中国第二次制度变革的方向。