財政與貨幣政策之成長效果：考慮銀行部門與商品市場不完全競爭

Banking, Imperfect Competition and Policies Effects on Economic Growth

莊瑋翊(Wei-Yi Chuang)

指導教授 ： 洪小文

淡江大學/商管學院/產業經濟學系碩士班/碩士(2014年)

https://doi.org/10.6846/TKU.2014.00867

摘要

本文建構一個包含銀行與貨幣的內生成長模型，在考慮銀行部門與商品市場不完全競爭的情況下，探討財政與貨幣政策、銀行效率及商品市場不完全競爭程度對於經濟成長與通貨膨脹的影響。本文發現(1)政府調降利息所得稅；(2)貨幣供給增加率與法定準備率的降低；(3)銀行效率的提升；(4)愈競爭的商品市場，將降低通貨膨脹率，而有利於經濟成長。然而，資本稅與消費稅的上升，對於通貨膨脹率與經濟成長率均無影響。此外，隨著商品市場競爭程度的增加，將會加強財政與貨幣政策以及銀行效率對於經濟成長的影響效果。

關鍵字

銀行效率 ； 商品市場不完全競爭 ； 財政政策 ； 貨幣政策

並列摘要

This paper develops an endogenous growth model of money and banking with imperfect competition in good markets to analyze the effects of banking efficacy and fiscal policies on inflation and economic growth. Our main finding is that a decrease in the interest incomes tax, a lower money growth rate, a decline in reserve requirement ratio, an enhancement of banking efficacy, and more competitive good markets will reduce the inflation, but raise the economic growth rate. However, the changes in capital incomes tax and consumptions tax have no effects on economic growth and inflation. Moreover, we also find that the effectiveness of fiscal and monetary policies is magnified in a more competitive good market.

並列關鍵字

Banking Efficacy ； Imperfect Competition ； Fiscal Policy ； Monetary Policy

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