经济增长、通货膨胀与社会福利——基于扩展递归效用函数的实证分析  

Economic Growth,Inflation and Social Welfare——An Empirical Analysis Based on the Expansion of Recursive Utility Function

作　　者：李强[1] 

机构地区：[1]南京大学经济学院,南京210093

出　　处：《云南财经大学学报》2013年第3期45-52,共8页Journal of Yunnan University of Finance and Economics

基　　金：国家社会科学基金重点项目"以全球价值链引导我国经济结构转型升级"(11AZD002)

摘　　要：将通货膨胀放入模型扩展了的递归效用函数,利用通货膨胀率、跨期替代弹性和相对风险规避系数三个参数分析经济增长率下降的社会福利成本。通过数值模拟得出在考虑通货膨胀后经济增长率下降所产生的社会福利损失,同时利用中国的实际宏观数据分析不同经济发展情形下的社会福利变化。从两种分析过程都可以看出:宏观经济疲软的状态下经济增长率的下降产生的社会福利损失要远大于宏观经济旺盛状态时的福利损失。The author puts inflation into the expanded recursive utility, and analyzes the so- cial welfare costs of decreasing economic growth by using inflation, cross - elasticity of substitution and comparative risk avoidance. By using data simulation and taking inflation into consideration, the author finds out the social welfare loss caused by decreasing economic growth rate. Meanwhile, real macro - data of China are used to analyze the social welfare change under different economic development. Both the analyzing processes show phase, social welfare loss caused by decreasing when the economy is at its prosperous state. that when macro -economy stays in the sluggish economic growth rate is far larger than the loss

关 键 词：经济增长 通货膨胀 社会福利 递归效用函数 

分 类 号：F124.7[经济管理—世界经济]