The Steady State Real Effects of Inflation in a Heckscher-Ohlin Cash-in-Advance Model

淡江大學機構典藏 > 商管學院 > 經濟學系暨研究所 > 期刊論文 > Item 987654321/66366

請使用永久網址來引用或連結此文件: https://tkuir.lib.tku.edu.tw/dspace/handle/987654321/66366

題名:	The Steady State Real Effects of Inflation in a Heckscher-Ohlin Cash-in-Advance Model
作者:	莊希豐
貢獻者:	淡江大學經濟學系
日期:	2004-11
上傳時間:	2011-10-22 17:36:39 (UTC+8)
摘要:	This paper explores the possible real effects of inflation within a two-sector neoclassical growth model of the Heckscher–Ohlin type with a cash-in-advance constraint on the purchases of consumption goods. The main findings are that the relative prices of both factors and of both goods, which are linked via a Stolper–Samuelson relation, depend only on the rate of time preference, not on any monetary variable; that the steady-state level of total capital can be influenced by inflation if the capital intensities and the cash requirements in both sectors differ, leading to Tobin effects or reversed Tobin effects; and that higher inflation unambiguously reduces total labor supply and leads to a reversed Tobin effect in most cases if the labor/leisure choice is endogenized.
關聯:	Macroeconomic Dynamics 8(5), pp. 629-643
DOI:	10.1017/S1365100504040015
顯示於類別:	[經濟學系暨研究所] 期刊論文

文件中的檔案:

檔案	描述	大小	格式	瀏覽次數
index.html		0Kb	HTML	136	檢視/開啟
The Steady State Real Effects of Inflation in a Heckscher-Ohlin Cash-in-Advance Model.pdf		149Kb	Adobe PDF	1	檢視/開啟

在機構典藏中所有的資料項目都受到原著作權保護.

TAIR相關文章