2010-08-012024-05-17https://scholars.lib.ntu.edu.tw/handle/123456789/690518摘要:本計畫將建立一個具有人力資本累積和社會地位特性的兩部門貨幣持有模型,來檢驗貨幣的超中立性。將人力資本納入貨幣模型中,能讓我分析人力資本累積式和社會地位的組成對貨幣政策有效性的影響。在計畫中,我考慮兩種不同的貨幣持有限制式:首先,我假設只有消費受限於貨幣持有限制式;接著,我假設消費和投資皆受限於貨幣持有限制式。 在這兩種不同的貨幣持有限制式下,我分別考慮以下四種情形:(1)人力資本累積式依循Lucas (1988)的設定,即人力資本的累積只需用人力資本當作要素投入。此外,社會地位只和人力資本有關;(2)人力資本累積式依循Lucas (1988)的設定,社會地位是由人力資本和財富組成;(3)人力資本累積式依循King et al. (1988)和Bond et al. (1996)的設定,即人力資本的累積需用人力資本和實體資本當作要素投入。此外,社會地位只和人力資本有關;(4) 人力資本的累積需用人力資本和實體資本當作要素投入,社會地位是由人力資本和財富組成。針對每一種情形,我將同時檢驗長期均衡的存在性,唯一性和安定性。 <br> Abstract: In this two-year project, I plan to examine the superneutrality of money in a two-sector cash-in-advance economy of human capital accumulation with social status. The incorporation of human capital into the model allows me to consider the impacts of human capital formation and social-status specification on the effectiveness of monetary policy. Regarding the cash-in-advance constraints, there are two scenarios considered in this project. First, I consider an economy in which the cash-in-advance constraint applied solely to consumption. Second, I develop an economy where the cash-in-advance constraint applied to consumption and investment. For each scenario, I examine the following four cases: (1) the human capital accumulation exhibits the Lucas-type human capital formation (Lucas, 1988) and the desire for social status depends only on human capital; (2) the human capital accumulation exhibits the Lucas-type human capital formation and the desire for social status depends on wealth and human capital; (3) the human capital accumulation requires both human and physical capital as inputs (King et al., 1988; Bond et al., 1996) and the desire for social status depends only on human capital; (4) the human capital accumulation requires both human and physical capital as inputs and the desire for social status depends on wealth and human capital. For each case, the existence, uniqueness and stability property of the long-run equilibrium will also be examined.貨幣超中立性社會地位人力資本Superneutralitysocial status and human capital.貨幣超中立性,社會地位和人力資本累積