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Student Number 974209006
Author Kuo-Hsiu Sung(宋國修)
Author's Email Address No Public.
Statistics This thesis had been viewed 624 times. Download 190 times.
Department Economics
Year 2009
Semester 2
Degree Master
Type of Document Master's Thesis
Language zh-TW.Big5 Chinese
Title A Dynamic Stochastic General Equilibrium Model with Government Investment Externality
Date of Defense 2010-06-29
Page Count 66
Keyword
  • Dynamic Stochastic General Equilibrium (DSGE)
  • government investment externality
  • the public capital share of output
  • Abstract This paper develops and estimates a dynamic stochastic general equilibrium(DSGE) model with government investment externality for the Taiwanese economy. The model is based on Ghent (2009) and takes into account productive government investment. We compare a DSGE model with a real business cycle model and a DSGE model without government investment externality. We nd that the model with government investment externality is reasonable and has the best sample forecasting ability among three models. The estimated parameter implies the public capital share of output about is 17%.
    Table of Content 目錄
    第一章緒論 1
    第二章文獻回顧與研究架構 3
    第三章理論模型 6
    第一節傳統實質景氣循環模型 6
    第二節價格僵固模型 10
    第三節考慮政府投資外部性之動態隨機一般均衡模型 15
    第四章實證分析 17
    第一節資料來源與處理 17
    第二節事前分配設定 17
    第三節參數估計結果 18
    第四節變異數分解分析 22
    第五節衝擊反應函數分析 24
    第六節模型比較 25
    第五章結論28
    參考文獻29
    數學附錄-傳統實質景氣循環模型 47
    數學附錄-考慮政府投資外部性模型 51
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    Advisor
  • Ruey Yau(姚睿)
  • Files
  • 974209006.pdf
  • approve in 3 years
    Date of Submission 2010-07-13

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