| Inflation and pattern of trade in a dynamic specific-factors model with money | |
|---|---|
| 學年 | 93 |
| 學期 | 2 |
| 出版（發表）日期 | 2005-06-01 |
| 作品名稱 | Inflation and pattern of trade in a dynamic specific-factors model with money |
| 作品名稱（其他語言） | |
| 著者 | 莊希豐; Chuang, Shi-feng; Huo, Teh-ming; Lin, Po-sheng |
| 單位 | 淡江大學經濟學系 |
| 出版者 | Cambridge University Press |
| 著錄名稱、卷期、頁數 | Macroeconomic dynamics 9(3), pp.358-371 |
| 摘要 | This paper presents a dynamic specific-factors model with money introduced through a cash-in-advance constraint. Two types of consumption goods are produced, and three types of factors—labor, capital, and land—are used. The cash-in-advance constraint is imposed on different sets of goods. When the constraint is imposed exclusive of the investment, inflation affects the pattern (and volume) of trade through a commodity-substitution effect. When the constraint is imposed inclusive of the investment, inflation may affect the pattern of trade through both the commodity-substitution effect and the factor-supply effect. In each case, we examine and prove the dynamic stability property of the steady-state equilibrium. |
| 關鍵字 | Cash in Advance; Dynamic Specific-Factors Model; Inflation; Pattern of Trade |
| 語言 | en |
| ISSN | 1365-1005 |
| 期刊性質 | 國外 |
| 收錄於 | SSCI |
| 產學合作 | |
| 通訊作者 | |
| 審稿制度 | |
| 國別 | GBR |
| 公開徵稿 | |
| 出版型式 | 紙本 |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/18993 ) |
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