dc.contributor | 經濟學系 | - |
dc.creator (作者) | 賴景昌 | zh_TW |
dc.creator (作者) | Chang, Cheng-Wei | en_US |
dc.creator (作者) | Lai, Ching-Chong | en_US |
dc.creator (作者) | Chang, Juin-Jen | en_US |
dc.date (日期) | 2018-06 | - |
dc.date.accessioned | 22-Sep-2017 17:43:30 (UTC+8) | - |
dc.date.available | 22-Sep-2017 17:43:30 (UTC+8) | - |
dc.date.issued (上傳時間) | 22-Sep-2017 17:43:30 (UTC+8) | - |
dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/113122 | - |
dc.description.abstract (摘要) | This paper sets up a monopolistic competition model featuring the returns to production specialization. Some novel results are derived from the analysis. First, the effect of a fiscal stimulus on consumption may be positive or negative, depending crucially upon whether the production function is characterized by increasing or decreasing returns to production specialization. Second, following a fiscal expansion, increasing returns to specialization lead to a positive linkage between real wages and aggregate output, while decreasing returns to specialization result in a negative relationship between real wages and aggregate output. Third, a fiscal expansion may raise social welfare, provided that the degree of increasing returns to production specialization is sufficiently large. | en_US |
dc.format.extent | 291800 bytes | - |
dc.format.mimetype | application/pdf | - |
dc.relation (關聯) | JAPANESE ECONOMIC REVIEW, 69(2), 207-225 | - |
dc.title (題名) | Fiscal Stimulus and Endogenous Firm Entry in a Monopolistic Competition Macroeconomic Model | en_US |
dc.type (資料類型) | article | - |
dc.identifier.doi (DOI) | 10.1111/jere.12155 | - |
dc.doi.uri (DOI) | http://dx.doi.org/10.1111/jere.12155 | - |