With the linearization of the flow in oil chambers, the continuity equation of flow and the dynamic equation of the shaft are built for the hydrostatic journal bearing and thrust bearing respectively. Next, the transfer functions of the two bearings with capillary throttle are deduced. Then, the performance of the two bearings is simulated in Matlab. In general, the simulation results are well matched to the experimental data provided by Guangzhou Machine Tool Research Institute. It indicates that both of the models can predict the dynamic characteristic of the two bearings. Finally, the dynamics response of the hydrostatic thrust bearing is studied in various rotational speed of the shaft. Also, the dynamic performances of journal bearing are simulated in changing of inlet pressure and thickness of oil film.