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博碩士論文 etd-0601116-164731 詳細資訊
Title page for etd-0601116-164731
論文名稱
Title
現金付現的內生成長模型:租稅融通與貨幣融通的最適比例
Endogenous Growth in a Cash-in-Advance Economy:The Optimal Ratio of Tax Financing and Money Financing
系所名稱
Department
畢業學年期
Year, semester
語文別
Language
學位類別
Degree
頁數
Number of pages
39
研究生
Author
指導教授
Advisor
召集委員
Convenor
口試委員
Advisory Committee
口試日期
Date of Exam
2016-06-27
繳交日期
Date of Submission
2016-07-06
關鍵字
Keywords
所得稅與貨幣融通、融通比例、福利、經濟成長率
welfare, endogenous growth, financing ratio, money financing, income tax financing
統計
Statistics
本論文已被瀏覽 5776 次,被下載 645
The thesis/dissertation has been browsed 5776 times, has been downloaded 645 times.
中文摘要
本文以Barro(1990)模型為基礎,將貨幣以現金付現(Cash-in-Advance,CIA)的方式引入模型,建構出一個封閉的內生成長模型,政府同時採用所得稅與鑄幣稅融通其支出,探討所得稅率與貨幣融通比例增加時,對經濟成長率和福利的影響,得到以下結論:
一. 經濟成長率
(1) 所得稅稅率對成長率的影響須視政府所課徵的稅率和其支出對私部門的外部性相對大小而定。當外部性大於稅率時,經濟成長率上升;反之,則會下降。
(2) 貨幣融通比例的提高,經濟成長率會上升。
二. 福利
(1) 同時利用所得稅與貨幣來融通政府支出,當所得稅稅率等於政府支出對私部門的外部性程度時,經濟成長率將達到極大;然而,在此同時融通的狀況下,成長率的極大並非福利的極大。
(2) 在參數數值的設定下,經模擬分析可知,存在一組最適的貨幣融通比例。
Abstract
This thesis introduces money into the Barro (1990) model, and specifies that government’s infrastructure expenditure is financed by both income taxes and seigniorage revenue. Then, this thesis focuses on how the relative ratio between money financing and taxes financing will govern the balanced growth rate and the level of social welfare.
Several main findings emerge from the analysis. First, the growth rate would attain its maximization when the income tax rate is equal to the production externality of infrastructure expenditure. Second, a rise in the proportion of money financing is beneficial to the balanced growth rate. Third, according to the calibration results, a rise in the proportion of money financing has an ambiguous effect on the level of social welfare. If the growth rate effect dominates the initial consumption effect, social welfare will rise in response; otherwise, social welfare will fall in response. As a consequence, the economy exists an optimal proportion of money financing.
目次 Table of Contents
目錄
論文審定書 i
謝辭 ii
中文摘要 iii
英文摘要 iv
第一章 緒論 1
第一節 研究動機 1
第二節 文獻回顧 2
第三節 本文架構 5
第二章 理論模型 6
第一節 代表性個人 6
第二節 中央銀行與政府 8
第三節 總體均衡 8
第三章 經濟成長率與福利 16
第一節 經濟成長率 16
第二節 福利分析 17
第四章 經濟成長率與福利的數值分析 19
第一節 所得稅率之福利效果 20
第二節 貨幣融通比例之福利效果 23
第五章 結論 27
附錄A 28
參考文獻 29
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