金融と好況の累進機構(II) : 経済の拡大過程

概要

論文の詳細を見る
Once favorable business conditions are established, the degree of economic prosperity grows stronger as time goes on. And the profit per stock rises further. We have seen such a phenomenon. In this paper, I explain the mechanism of this phenomenon after considering finance. Finance means the following: a firm borrows money from a bank or raises money on issuing stock; a household economy puts money into a deposit or stock; a central bank directs an interbank market rate to its target in order to obtain its policy goal. In this paper, I also explain more briefly the mechanism that stops the degree of economic prosperity from growing stronger. This paper consists of two parts. In the first half, I constructed an economic model. In the second half, I explain the process of economic expansion.
久留米工業大学の論文
1999-12-20