Economic growth and business fluctuation under free asset trade
Project/Area Number |
18530134
|
Research Category |
Grant-in-Aid for Scientific Research (C)
|
Allocation Type | Single-year Grants |
Section | 一般 |
Research Field |
Economic theory
|
Research Institution | Osaka University |
Principal Investigator |
ONO Yoshiyasu Osaka University, 社会経済研究所, 教授 (70130763)
|
Project Period (FY) |
2006 – 2009
|
Project Status |
Completed (Fiscal Year 2009)
|
Budget Amount *help |
¥2,320,000 (Direct Cost: ¥1,900,000、Indirect Cost: ¥420,000)
Fiscal Year 2009: ¥520,000 (Direct Cost: ¥400,000、Indirect Cost: ¥120,000)
Fiscal Year 2008: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2007: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2006: ¥500,000 (Direct Cost: ¥500,000)
|
Keywords | 不況 / 賃金調整 / 流動性選好 / 失業 / 財政支出 / 貿易政策 / 為替レート / 国際資本取引 / 公正賃金 / フィリップス曲線 / 財政政策 / 金融緩和 / 流動性のわな / 関税 / 貿易数量制限 / 変動相場 / 国際資産取引 / 貯蓄税 / 投資税 / 資本蓄積 / 資産移転 / 需要不足 / 対外資産 / 援助国 |
Research Abstract |
A dynamic optimization model with free asset trade is proposed. With full employment long-run production patterns and the effects of saving and investment taxes are found to be quite different from those under no asset trade. With persistent stagnation it is shown that productivity improvement and import restrictions 'reduce' home employment through exchange-rate adjustment
|
Report
(6 results)
Research Products
(36 results)