English  |  正體中文  |  简体中文  |  Post-Print筆數 : 27 |  Items with full text/Total items : 94487/125002 (76%)
Visitors : 29710778      Online Users : 399
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/129769

    Title: Fiscal Stimulus in a Simple Macroeconomic Model of Monopolistic Competition with Firm Heterogeneity
    Authors: 賴廷緯
    Lai, Ting-wei
    Chang, Cheng-wei
    Lai, Ching-Chong
    Contributors: 經濟系
    Keywords: Monopolistic competition;Firm heterogeneity;Fiscal policy
    Date: 2019-06
    Issue Date: 2020-05-25 15:39:49 (UTC+8)
    Abstract: This paper studies the impact of a fiscal stimulus by setting up a simple monopolistic competition model with firm heterogeneity in productivity. Several main results are derived from the general equilibrium analysis. First, a rise in firm heterogeneity per se leads to decreases in aggregate output and aggregate consumption, but raises the aggregate price level when the variety-enhancing effect is sufficiently strong. Second, a fiscal expansion will bring about a positive effect on aggregate consumption, provided that the variety-enhancing effect is relatively strong or the extent of firm heterogeneity is relatively small. Finally, a fiscal expansion may raise social welfare, depending on the size of the variety-enhancing effect and the extent of firm heterogeneity.
    Relation: Japanese Economic Review, Vol.., No.., pp..
    Data Type: 期刊論文
    DOI 連結: https://doi.org/10.1007/s42973-019-00025-8
    DOI: 10.1007/s42973-019-00025-8
    Appears in Collections:[經濟學系] 期刊論文

    Files in This Item:

    File SizeFormat
    273.pdf3100KbAdobe PDF31View/Open

    All items in 政大典藏 are protected by copyright, with all rights reserved.

    社群 sharing

    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback