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題名 通貨競爭--不同時點下的貨幣理論模型之研究
Currency competition - M.I.U. model under different timing basis
作者 楊建昌
Yang, Jian-Chung
貢獻者 林柏生<br>江永裕
楊建昌
Yang, Jian-Chung
關鍵詞 通貨替代
貨幣在效用拍數模型
格萊興法則
通貨膨脹率機制
完全預知均衡
收歛路徑
Currency substitution
M.I.U. model
Gresham`s law
Inflation discipline
Perfect foresight equilibrium
Converging path
日期 1997
上傳時間 27-Apr-2016 11:22:37 (UTC+8)
摘要 本文基本上承襲 Weil(1991)的分析架構,以貨幣在效用函數模型(money-in-the utility model)來分析通貨替代的問題,也就是研究在一個整合的經濟體中,兩種通貨可替代時,高成長率通貨與低成長率通貨彼此競爭流通市場所可能產生的結果。本文改採不連續時間的模型,並引用 Fukuda(1997)的分析,分別以期末實質貨幣餘額及期初實質貨幣餘額放入效用函數中,比較其結果的差異。我們發現期初貨幣模型之各組恆定均衡解(steady state equilibrium)均可能出現多重收斂路徑,如此一來,Weil(1991)所提出的「劣幣逐良幣」現象未必會成為通貨競爭的必然結果。
The study issues and analytical framework of this thesis follow Weil(1991). We apply the money-in-the-utility model (M.I.U. model) to analyze several issues in currency substitution. We want to investigate the monetary equilibria and their stability when there are two substitutable currencies in an integrated economy. Specifically, we want to know whether the faster growing currency will drive the slower growing ones out of the market, or vise versa. Unlike Weil(1991), we base our model on a discrete-time basis Following the study of Fukuda(1997), we use two different approaches to put the real money balances in the utility function. One is "end-of-the-period" M.I.U. model, and the other is "beginning-of-the-period" M.I.U. model. We make the comparison of the result of the two alternative approaches. Furthermore, we contrast our outcomes against those of Weil(1991).
描述 碩士
國立政治大學
國際經營與貿易學系
85351018
資料來源 http://thesis.lib.nccu.edu.tw/record/#B2002001912
資料類型 thesis
dc.contributor.advisor 林柏生<br>江永裕zh_TW
dc.contributor.author (Authors) 楊建昌zh_TW
dc.contributor.author (Authors) Yang, Jian-Chungen_US
dc.creator (作者) 楊建昌zh_TW
dc.creator (作者) Yang, Jian-Chungen_US
dc.date (日期) 1997en_US
dc.date.accessioned 27-Apr-2016 11:22:37 (UTC+8)-
dc.date.available 27-Apr-2016 11:22:37 (UTC+8)-
dc.date.issued (上傳時間) 27-Apr-2016 11:22:37 (UTC+8)-
dc.identifier (Other Identifiers) B2002001912en_US
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/86460-
dc.description (描述) 碩士zh_TW
dc.description (描述) 國立政治大學zh_TW
dc.description (描述) 國際經營與貿易學系zh_TW
dc.description (描述) 85351018zh_TW
dc.description.abstract (摘要) 本文基本上承襲 Weil(1991)的分析架構,以貨幣在效用函數模型(money-in-the utility model)來分析通貨替代的問題,也就是研究在一個整合的經濟體中,兩種通貨可替代時,高成長率通貨與低成長率通貨彼此競爭流通市場所可能產生的結果。本文改採不連續時間的模型,並引用 Fukuda(1997)的分析,分別以期末實質貨幣餘額及期初實質貨幣餘額放入效用函數中,比較其結果的差異。我們發現期初貨幣模型之各組恆定均衡解(steady state equilibrium)均可能出現多重收斂路徑,如此一來,Weil(1991)所提出的「劣幣逐良幣」現象未必會成為通貨競爭的必然結果。zh_TW
dc.description.abstract (摘要) The study issues and analytical framework of this thesis follow Weil(1991). We apply the money-in-the-utility model (M.I.U. model) to analyze several issues in currency substitution. We want to investigate the monetary equilibria and their stability when there are two substitutable currencies in an integrated economy. Specifically, we want to know whether the faster growing currency will drive the slower growing ones out of the market, or vise versa. Unlike Weil(1991), we base our model on a discrete-time basis Following the study of Fukuda(1997), we use two different approaches to put the real money balances in the utility function. One is "end-of-the-period" M.I.U. model, and the other is "beginning-of-the-period" M.I.U. model. We make the comparison of the result of the two alternative approaches. Furthermore, we contrast our outcomes against those of Weil(1991).en_US
dc.description.tableofcontents 目錄
     第一章 導論 1
     第一節 研究動機
     第二節 文獻回顧
     第三節 本文架構
     
     第二章 期末貨幣進入效用函數的通貨競爭理論 8
     第一節 模型基本假設
     第二節 政府行為
     第三節 家計部門決策
     第四節 完全預知均衡(Perfect foresight equilibrium)
     第五節 通貨完全替代(Perfect cuurency substitution)
     第六節 通貨不完全替代(Imperfect currency substitution)
     
     第三章 期初貨幣進入效用函數的通貨競爭理論 23
     第一節 模型基本假設
     第二節 政府行為
     第三節 家計部門決策
     第四節 完全預知均衡(Perfect foresight equilibrium)
     第五節 通貨完全替代(Perfect cuurency substitution)
     第六節 通貨不完全替代(Imperfect currency substitution)
     
     第四章 特定效用型態的例子 40
     第一節 線性對數(log-linear)效用函數
     第二節 固定相對風險趨勢(constant relative risk aversion)效用函數
     
     第五章 結論及建議 74
     
     參考文獻
zh_TW
dc.source.uri (資料來源) http://thesis.lib.nccu.edu.tw/record/#B2002001912en_US
dc.subject (關鍵詞) 通貨替代zh_TW
dc.subject (關鍵詞) 貨幣在效用拍數模型zh_TW
dc.subject (關鍵詞) 格萊興法則zh_TW
dc.subject (關鍵詞) 通貨膨脹率機制zh_TW
dc.subject (關鍵詞) 完全預知均衡zh_TW
dc.subject (關鍵詞) 收歛路徑zh_TW
dc.subject (關鍵詞) Currency substitutionen_US
dc.subject (關鍵詞) M.I.U. modelen_US
dc.subject (關鍵詞) Gresham`s lawen_US
dc.subject (關鍵詞) Inflation disciplineen_US
dc.subject (關鍵詞) Perfect foresight equilibriumen_US
dc.subject (關鍵詞) Converging pathen_US
dc.title (題名) 通貨競爭--不同時點下的貨幣理論模型之研究zh_TW
dc.title (題名) Currency competition - M.I.U. model under different timing basisen_US
dc.type (資料類型) thesisen_US