题名

Cyclical Government Spending and Stabilization under a Balanced Budget Rule

并列篇名

平衡預算法則下的循環性政府支出與均衡動態穩定

作者

曾憲政(Shian-Jang Tzeng)

关键词

循環性政府支出 ; 平衡預算法則 ; 局域(非)唯一解 ; 穩定性 ; cyclical government spending ; balanced budget rule ; local (in)determinacy ; stabilization

期刊名称

人文及社會科學集刊

卷期/出版年月

25卷1期(2013 / 03 / 01)

页次

131 - 144

内容语文

英文

中文摘要

本文引進循環性政府支出至一個單部門的實質景氣循環模型,且系統地檢視財政當局執行「內生調整政府支出(或是內生調整所得稅率)的平衡預算法則」的總體經濟穩定特質。我們發現:循環性政府支出的引進可以穩定體系自我信念驅動的景氣波動。

英文摘要

This paper introduces cyclical government spending into a one-sector real business cycle model and systemically examines macroeconomic (in)stability under a balanced budget rule with endogenous government spending (or an endogenous income tax rate). I find that cyclical government spending can stabilize the economy against business cycle fluctuations.

主题分类 人文學 > 人文學綜合
社會科學 > 社會科學綜合
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