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完整後設資料紀錄
DC 欄位 | 值 | 語言 |
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dc.contributor.advisor | 陳明郎(Been-Lon Chen) | |
dc.contributor.author | Shun-Fa Lee | en |
dc.contributor.author | 李順發 | zh_TW |
dc.date.accessioned | 2021-06-13T06:08:33Z | - |
dc.date.available | 2006-06-26 | |
dc.date.copyright | 2006-06-26 | |
dc.date.issued | 2006 | |
dc.date.submitted | 2006-05-29 | |
dc.identifier.citation | Aschauer, D. A., (1989), “Is public expenditure productive?” Journal of Monetary Economics, 23, 177-200.
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dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/34437 | - |
dc.description.abstract | Some externalities and fiscal policies are examined based on macroeconomic stability in a two-sector growing economy. The concept of aggregate instability is the idea of indeterminacy or sunspot equilibrium. Meanwhile, the preconditions for indeterminacy are explored and compared to those in existing literature. We find that regardless of the nature of public goods, earmarked tax contributes to aggregate stabilization, while general fund financing may be destabilizing. Moreover, sufficiently large congestion effect along with productive public spending is a channel to exert aggregate instability. Finally, our preconditions for indeterminacy are independent of particular factor intensity comparison and under a wide range of the time preference rates and the intertemporal elasticity of substitution. Thus, intersectoral externalities are more robust and easier to establish indeterminacy than sector-specific externalities. | en |
dc.description.provenance | Made available in DSpace on 2021-06-13T06:08:33Z (GMT). No. of bitstreams: 1 ntu-95-D91323001-1.pdf: 1831458 bytes, checksum: faf8270b061961723afc86bcd2a40c03 (MD5) Previous issue date: 2006 | en |
dc.description.tableofcontents | Chapter 1 Introduction 1
Reference 1 6 Chapter 2 Externality and Indeterminacy 9 2.1 Introduction 9 2.2 The Model 13 2.2.1 Optimization 15 2.2.2 Balanced Growth Path 18 2.3 Indeterminacy of Equilibrium 20 2.3.1 Only Sector-Specific Externalities in Both Sectors 21 2.3.2 No Externalities in the Investment Goods Sector 22 2.3.3 No Externalities in the Consumption Goods Sector 24 2.3.4 Generalization: Sector-Specific and Intersectoral Externalities in Both Sectors 26 2.4 Concluding Remarks 30 Reference 2 31 Chapter 3 Earmarking versus General Fund Financing 33 3.1 Introduction 33 3.2 Production Enhancing Public Goods 38 3.2.1 Earmarking Taxes 41 3.2.2 General Fund Financing Taxes 42 3.3 Utility Enhanced Public goods 48 3.3.1 Earmarking Taxes 50 3.3.2 General Fund Financing Taxes 50 3.4 Concluding Remarks 52 Appendix 53 Reference 3 55 Chapter 4 Congestible Public Investment 59 4.1 Introduction 59 4.2 The Model 62 4.2.1 The Environment 62 4.2.2 The Optimization and Equilibrium 65 4.2.3 Balanced Growth Path 67 4.3 Transitional Dynamics and Intuition 69 4.3.1 Transitional Dynamics 69 4.3.2 The Intuition 74 4.4 Numerical Simulations 76 4.4.1 Calibration 76 4.4.2 Local Indeterminacy 77 4.5 Concluding Remarks 81 Appendix 82 Reference 4 83 Chapter 5 Productive Public Spendings 85 5.1 Introduction 85 5.2 The Model 88 5.3 Optimization and Equilibrium 91 5.4 Reasons for Local Determinacy and Indeterminacy 95 5.5 Local Determinacy and Indeterminacy 102 5.5.1 Economy without Congestion Effects 104 5.5.2 Economy with Congestion Effects 107 5.6 Concluding Remarks 111 Reference 5 112 Mathematical Appendix 114 Chapter 6 Conclusion 121 Reference 6 124 | |
dc.language.iso | en | |
dc.title | 政府政策與內生波動 | zh_TW |
dc.title | Fiscal Policies and Endogenous Fluctuations in a Growing Economy | en |
dc.type | Thesis | |
dc.date.schoolyear | 94-2 | |
dc.description.degree | 博士 | |
dc.contributor.oralexamcommittee | 張文雅(Wen-ya Chang),賴景昌(Ching-Chong Lai),楊建成(Cheng-Chen Yang),陳虹如(Hung-Ju Chen) | |
dc.subject.keyword | 複均衡,政府財政政策,經濟成長, | zh_TW |
dc.subject.keyword | Indeterminacy,Fiscal Policies,Endogenous Growth, | en |
dc.relation.page | 126 | |
dc.rights.note | 有償授權 | |
dc.date.accepted | 2006-05-29 | |
dc.contributor.author-college | 社會科學院 | zh_TW |
dc.contributor.author-dept | 經濟學研究所 | zh_TW |
顯示於系所單位: | 經濟學系 |
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