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欧元区货币一体化财政扩张效应及其宏观影响因素研究

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摘要 首先构建货币一体化财政扩张效应的理论分析框架,然后对财政扩张效应的宏观影响因素进行实证研究,最后给出政策建议。研究结果表明,第一,当欧洲中央银行的目标和欧元区各成员国的目标不一致时,各成员国倾向于采取扩张性的财政政策。第二,人均GDP差异越大,欧元区国家越会采取扩张的财政政策。第三,劳动力市场僵化会加剧财政扩张,且劳动力僵化与人均GDP差异之间存在交互效应。第四,储蓄率与财政扩张负相关,人口老龄化与财政扩张正相关,但系数均不显著。
作者 杨晓龙 姜冉
出处 《经济师》 2014年第6期81-84,共4页
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