Publications-Journal Articles
Article View/Open
Publication Export
-
Google ScholarTM
NCCU Library
Citation Infomation
Related Publications in TAIR
題名 Mr. Keynes and the Classics: A Suggested Turning Point 作者 謝世佳
Hsieh, Hsih-Chia貢獻者 經濟系 日期 1991-03 上傳時間 12-Oct-2016 14:44:50 (UTC+8) 摘要 這個總體理論是以個體經濟理論作根據的。國民產量的成長率不同，因國民所得的均衡點不僅僅是一個點。許多總體經濟理論發生相互矛盾，因這裏存在一個轉捩點。這轉捩點是最適當的利率或工資率，亦即最適當的資本或勞工的邊際生產力。在計算時，原始資料有時不能微分，本文使用未滑順的最適控制方法，發現貨幣和財政政策應調整，以減少景氣循環的波動。A turning point of macro theories is verified in which the parameters change in an expected direction. When the prices are incorporated into Hicks` (1937) LM-IS curves, they become non-linear or nonmonotonic. First, the policy is found not neutral, but the world real interest rate may not be the optimal interest rate whereby its second order derivative is negative instead of zero. Second, so far as the domestic inflation rate rises above the optimal level rather than inflation abroad, it tends to reduce real, financial, and innovation activities while the domestic currency is overvalued. The turning point is the optimal rate rather than the inflation abroad or the world real interest rate, whereby the output growth is maximized, and whereby con-tradictory macro theories ensued. Such turning points may shift due to institutional or technologial innovations. As far as prices remain sticky, Hicks` interpretation holds; otherwise it is substanstially refined. 關聯 國立政治大學學報, 62, 259-283 資料類型 article dc.contributor 經濟系 dc.creator (作者) 謝世佳 zh_TW dc.creator (作者) Hsieh, Hsih-Chia dc.date (日期) 1991-03 dc.date.accessioned 12-Oct-2016 14:44:50 (UTC+8) - dc.date.available 12-Oct-2016 14:44:50 (UTC+8) - dc.date.issued (上傳時間) 12-Oct-2016 14:44:50 (UTC+8) - dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/102712 - dc.description.abstract (摘要) 這個總體理論是以個體經濟理論作根據的。國民產量的成長率不同，因國民所得的均衡點不僅僅是一個點。許多總體經濟理論發生相互矛盾，因這裏存在一個轉捩點。這轉捩點是最適當的利率或工資率，亦即最適當的資本或勞工的邊際生產力。在計算時，原始資料有時不能微分，本文使用未滑順的最適控制方法，發現貨幣和財政政策應調整，以減少景氣循環的波動。A turning point of macro theories is verified in which the parameters change in an expected direction. When the prices are incorporated into Hicks` (1937) LM-IS curves, they become non-linear or nonmonotonic. First, the policy is found not neutral, but the world real interest rate may not be the optimal interest rate whereby its second order derivative is negative instead of zero. Second, so far as the domestic inflation rate rises above the optimal level rather than inflation abroad, it tends to reduce real, financial, and innovation activities while the domestic currency is overvalued. The turning point is the optimal rate rather than the inflation abroad or the world real interest rate, whereby the output growth is maximized, and whereby con-tradictory macro theories ensued. Such turning points may shift due to institutional or technologial innovations. As far as prices remain sticky, Hicks` interpretation holds; otherwise it is substanstially refined. dc.format.extent 1873710 bytes - dc.format.mimetype application/pdf - dc.relation (關聯) 國立政治大學學報, 62, 259-283 dc.title (題名) Mr. Keynes and the Classics: A Suggested Turning Point dc.type (資料類型) article
