The Open-Economy Kaldorian Business Cycle and Financial Instability

• 資料種別: 文書・図像類
• タイトル: The Open-Economy Kaldorian Business Cycle and Financial Instability
• 著者・編者: Ninomiya, Kenshiro
• 著者標目: Ninomiya, Kenshiro
• 出版事項: 滋賀大学経済学部
• 出版年月日等: 2000-07
• 出版年（W3CDTF）: 2000-07
• タイトル（掲載誌）: 滋賀大学経済学部Working Paper Series
• 巻号年月日等（掲載誌）: No. 68
• 掲載巻: No. 68
• 掲載ページ: 1-23
• 本文の言語コード: eng
• 対象利用者: 一般
• 一般注記: type:Technical Report; Asada (1995) studied both the systems of fixed exchange rates and floating exchange rates by considering international capital mobility. Asada (1995) showed that the system of fixed exchange rates is a system to destabilize the economy, whereas the system of floating exchange rates is a system to stabilize, when the international capital mobility is sufficiently large. However, he did not discuss the financial instability. In this paper, we will examine how the degrees of international capital mobility and the financial factors affect the dynamic systems of fixed exchange rates and floating exchange rates. The main result of this paper is that if the instability of the economy depends on only the financial factor, the high international capital mobility does not always destabilize the dynamic system of fixed exchange rates, and nor does it always stabilize the system of floating exchange rates.; identifier:滋賀大学経済学部Working Paper Series, No. 68, pp. 1-23
• 連携機関・データベース: 国立情報学研究所 : 学術機関リポジトリデータベース（IRDB）（機関リポジトリ）; https://irdb.nii.ac.jp
• 提供元機関・データベース: 滋賀大学 : 滋賀大学学術情報リポジトリ