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    Please use this identifier to cite or link to this item: http://ir.lib.ncu.edu.tw/handle/987654321/62931


    Title: 不確定財政政策與經濟波動;Uncertain Fiscal Policy and Aggregate Fluctuations
    Authors: 姚睿
    Contributors: 國立中央大學經濟學系
    Keywords: 經濟學
    Date: 2013-12-01
    Issue Date: 2014-03-17 14:14:38 (UTC+8)
    Publisher: 行政院國家科學委員會
    Abstract: 研究期間:10208~10307;We investigate the impact of uncertain fiscal policy on economic aggregate activities in a DSGE model. Our model is an extension to the news-driven model that allows news to fiscal adjustments to be uncertain in nature. The uncertainty, or risk, to fiscal adjustment is specified as a stochastic coefficient to the news shock in a fiscal policy instrument equation. As a result, fiscal news is no more fully-foresighted, a more realistic feature to be considered. Calibration and Bayesian estimation are conducted based on this model. The outcome of this research can help us make accurate fiscal policy evaluation and draw important implications for economic stabili
    Relation: 財團法人國家實驗研究院科技政策研究與資訊中心
    Appears in Collections:[Department of Economics] Research Project

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