跨时预算约束
- 网络intertemporal budget constraint
跨时预算约束
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我们发现,在平衡增长路径上均衡通货膨胀率完全由货币增长率决定,政府跨时预算约束方程只是个恒等式。
We show that inflation rate is determined by the growth rate of money completely on the balanced growth path , and the government 's intertemporal budget constraint is an identity .
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本文在对债务融资的国民负担进行描述的基础上,给出了含有非排挤性投资的政府跨时预算约束,从而证明了政府非排挤性投资的积极作用。
Based on the description of citizen burden of debt financing , this article puts forward the governmental dynamic budgeting constraint with non-squeezing-out investment , thereby proves the active function of governmental non-squeezing-out investment .