Abstract：Under non-expected utility, this paper develops a continuous-time stochastic growth model by introducing productive government expenditure and goverament issuing bonds with uncertainty return. By the methods of dynamics stochastic control, it derives the equilibrium. And then, the model is used to analyze the macroeconomic effects of taxes, government expenditure policy. The final conclusions are important for the government to make fiscal policies.
收稿日期: 2007-03-25
引用本文:
刘为凯,刘先忠,熊德之. 回报率不确定下随机经济增长模型[J]. , 2007, 46(3): 0-0.
刘为凯,刘先忠,熊德之. The model of stochastic economic growth with uncertainty return. , 2007, 46(3): 0-0.
