The Model of Time Structure of Investment Behavior and the Empirical Study on Output Price Expectation in Taiwan
博士 === 國立台灣工業技術學院 === 管理技術研究所 === 85 === The Generalized Waud''s Model combined the Cagan and Nerlove model is themain expectation adjustment model settings. The time structure of investmentbehavior and output price expectations there exists a...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
1997
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| Online Access: | http://ndltd.ncl.edu.tw/handle/14480729469612482691 |
| Summary: | 博士 === 國立台灣工業技術學院 === 管理技術研究所 === 85 === The Generalized Waud''s Model combined the Cagan and
Nerlove model is themain expectation adjustment model settings.
The time structure of investmentbehavior and output price
expectations there exists a paradox. And then, thedifferent
model settings, including the static, adaptive, extrapolative
andpartial adjustment model, should have the different
capitaldemand regressionsand their coefficient restrictions,
which are ignored bythe most study before.This paper derive
the basic models and develop the empirical study which
theaggregate datum from Taiwan. Outcome show the derived
regressions above maybe accepted.
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