The Model of Time Structure of Investment Behavior and the Empirical Study on Output Price Expectation in Taiwan

• Main Authors: Liang, Jung-Hui, 梁榮輝
• Other Authors: Yen-Sheng Huang, Peter, Shyan-Rong Chou
• Format: Others
• Language: zh-TW
• Published: 1997
• Online Access: http://ndltd.ncl.edu.tw/handle/14480729469612482691

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.