A Transaction-Based Monetary Growth Model with Capital Utility and Maintenance Cost

• Main Authors: Wang, Yu-Ching, 王又慶
• Other Authors: Hsu, Yu-Shan
• Format: Others
• Language: zh-TW
• Published: 2015
• Online Access: http://ndltd.ncl.edu.tw/handle/ag33x8

碩士 === 國立中正大學 === 國際經濟研究所 === 103 === This work mainly discusses economic growth which varied by quantity of money changes in the transaction-cost technology. And we also contained analysis that includes using capital utility rate and maintenance cost rate. We found out that there are positive effect on economic growth when the supply quantity of money changed by the government. The positive growth on economic also indirectly cause the increasing of the inflation rate and nominal interest rate. And under the condition of standard linear transaction technology, we found out that the supply quantity of money changed by the government also have positive effect on the economic growth, and again, this indirectly effect the inflation rate and nominal interest rate to growth.