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題名 貨幣價值與資產價格
其他題名 The Value of Money and Asset Prices
作者 霍德明
貢獻者 銀行學系
關鍵詞 貨幣價值;資產價格
Money value;Asset price
日期 1997
上傳時間 2-Sep-2014 09:00:38 (UTC+8)
摘要 本計畫的主要目的在探討三個主題:太陽黑子均衡的存在性;資產價格的波動性以及資產價值被低估的可能性。本文的研究結果顯示(1)太陽黑子恆定均衡是普遍存在的;(2)即使股利在未來各期是以固定金額發放,資產價格仍可能波動; (3)在某些情形下,資產價格可能被低估。<
Three issues are studied in this paper: the existence of sunspot equilibria; the excessive volatility of asset prices; and the possibility that assets may be undervalued relative to their market fundamentals. We show that (i) stationary sunspot equilibria exist in a very general environment; (ii) asset prices may fluctuate despite a constant stream of dividends; and (iii) assets may be undervalued.<
關聯 行政院國家科學委員會
計畫編號NSC86-2415-H004-011
資料類型 report
dc.contributor 銀行學系en_US
dc.creator (作者) 霍德明zh_TW
dc.date (日期) 1997en_US
dc.date.accessioned 2-Sep-2014 09:00:38 (UTC+8)-
dc.date.available 2-Sep-2014 09:00:38 (UTC+8)-
dc.date.issued (上傳時間) 2-Sep-2014 09:00:38 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/69546-
dc.description.abstract (摘要) 本計畫的主要目的在探討三個主題:太陽黑子均衡的存在性;資產價格的波動性以及資產價值被低估的可能性。本文的研究結果顯示(1)太陽黑子恆定均衡是普遍存在的;(2)即使股利在未來各期是以固定金額發放,資產價格仍可能波動; (3)在某些情形下,資產價格可能被低估。<en_US
dc.description.abstract (摘要) Three issues are studied in this paper: the existence of sunspot equilibria; the excessive volatility of asset prices; and the possibility that assets may be undervalued relative to their market fundamentals. We show that (i) stationary sunspot equilibria exist in a very general environment; (ii) asset prices may fluctuate despite a constant stream of dividends; and (iii) assets may be undervalued.<en_US
dc.format.extent 460 bytes-
dc.format.mimetype text/html-
dc.language.iso en_US-
dc.relation (關聯) 行政院國家科學委員會en_US
dc.relation (關聯) 計畫編號NSC86-2415-H004-011en_US
dc.subject (關鍵詞) 貨幣價值;資產價格en_US
dc.subject (關鍵詞) Money value;Asset priceen_US
dc.title (題名) 貨幣價值與資產價格zh_TW
dc.title.alternative (其他題名) The Value of Money and Asset Pricesen_US
dc.type (資料類型) reporten