摘要
本文研究基于learning-by-doing的随机增长模型,得到了均衡时的经济增长路径、债券回报率、资产组合份额和消费-资本比,分析财政政策对长期经济增长、资产组合选择、个体消费倾向和个体福利的影响,探讨最优的财政政策。
In this paper, a stochastic growth model based on learning-by-doing is studied. The economic growth path, the return rate on bonds, portfolio shares and the consumption-capital ratio in equilibrium are derived and the effects of fiscal policy on the long-run economic growth, portfolio selection, the individual’s propensity to consumption and the individual’s welfare are analyzed. Moreover, the optimal fiscal policy is discussed.
出处
《浙江社会科学》
CSSCI
北大核心
2008年第12期2-6,共5页
Zhejiang Social Sciences
基金
上海市高校优秀青年教师专项基金项目
上海财经大学"211工程"三期重点学科建设项目
