https://scholars.lib.ntu.edu.tw/handle/123456789/349339
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Chen, Hung-Ju | en_US |
dc.contributor.author | Guo, Jang-Ting | en_US |
dc.contributor.author | HUNG-JU CHEN | en |
dc.creator | HUNG-JU CHEN;Guo, Jang-Ting;Chen, Hung-Ju | - |
dc.date.accessioned | 2018-09-10T07:34:01Z | - |
dc.date.available | 2018-09-10T07:34:01Z | - |
dc.date.issued | 2009 | - |
dc.identifier.uri | http://www.scopus.com/inward/record.url?eid=2-s2.0-61349170254&partnerID=MN8TOARS | - |
dc.identifier.uri | http://scholars.lib.ntu.edu.tw/handle/123456789/349339 | - |
dc.description.abstract | It has been shown that in a standard one-sector AK model of endogenous growth with wealth induced preferences for social status, the economy's growth rates of real output and nominal money supply are positively related when the cash in advance constraint is applied solely to the household's consumption purchases. However, a positive output growth effect of money/inflation is not consistent with the existing empirical evidence. We show that when gross investment must be financed by real money balances as well, this result is overturned, i.e. higher inflation is detrimental to economic growth, because of a dominating portfolio substitution effect. © Journal compilation © 2009 Japanese Economic Association. | - |
dc.language | en | en |
dc.relation.ispartof | Japanese Economic Review | en_US |
dc.source | AH | - |
dc.subject.classification | [SDGs]SDG8 | - |
dc.subject.other | economic growth; economic theory; endogenous growth; inflation; social status | - |
dc.title | Social status and the growth effect of money | - |
dc.type | journal article | en |
dc.identifier.doi | 10.1111/j.1468-5876.2008.00460.x | - |
item.fulltext | no fulltext | - |
item.grantfulltext | none | - |
dc.relation.pages | 133-141 | - |
dc.relation.journalvolume | 60 | - |
dc.relation.journalissue | 1 | - |
item.openairetype | journal article | - |
item.fulltext | no fulltext | - |
item.openairecristype | http://purl.org/coar/resource_type/c_6501 | - |
item.grantfulltext | none | - |
item.cerifentitytype | Publications | - |
crisitem.author.dept | Economics | - |
crisitem.author.dept | Economics | - |
crisitem.author.orcid | 0000-0001-7775-8571 | - |
crisitem.author.orcid | 0000-0001-7775-8571 | - |
crisitem.author.parentorg | College of Social Sciences | - |
crisitem.author.parentorg | College of Social Sciences | - |
Appears in Collections: | 經濟學系 |
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