資本主義精神與貨幣內生成長:釘住通貨膨脹率的政策

10.6342/NTU.2004.00286

林盈瑩

釘住通貨膨脹政策 ； 資本主義精神 ； inflation targeting ； the spirit of capital

國立臺灣大學經濟學系學位論文

2004年

碩士

賴景昌

繁體中文

摘要 本文引用Lucas (1980)和Stockman (1981)所提出的現金付現模型，建構內生成長模型，分別探討於存在與不存在資本主義精神的社會，政府施行釘住通貨膨脹目標政策的政策效果及該政策對相關經濟變數的影響。另外，本文也探究，政府是否可藉由改變釘住的通貨膨脹水準來主導國家的經濟成長速度，且通貨膨脹水準與經濟成長兩者的關係是否會因一國資本主義精神的強弱呈現相左的結果? 本文的結論可歸納為：(1)於存在資本主義精神的社會，國家長期靜止均衡的經濟成長率會因政府釘住較低的通貨膨脹而減少，所以，政府必須在控制通貨膨脹與維持國家經濟成長之間作取捨；(2)在無資本主義精神的特殊案例中，政府控制通貨膨脹水準的高低並不會影響國家長期經濟成長率，政府不僅可有效降低通貨膨脹，也可維持國家目前的長期經濟成長率。

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