政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/71630

English | 正體中文 | 简体中文 | Post-Print筆數 : 27 | Items with full text/Total items : 113656/144643 (79%)
Visitors : 51721190 Online Users : 641

RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.

Home ‧ Login ‧ Upload ‧ Help ‧ About ‧ Administer

政大典藏 > College of Social Science > Department of Economics > Periodical Articles > Item 140.119/71630

Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/71630

Title:	Social Networks and Macroeconomic Stability
Authors:	陳樹衡;張嘉玲;溫明昌 Chang, Chia-Ling;Wen, Ming-Chang
Contributors:	經濟系
Keywords:	New Keynesian DSGE models;Agent-based model;macroeconomic stability;social networks;Ising model;betweenness centrality;seemingly unrelated regression estimation
Date:	2014-03
Issue Date:	2014-11-24 15:01:26 (UTC+8)
Abstract:	In this paper, the effect of the social network on macroeconomic stability is examined using an agent-based, network-based DSGE (dynamic stochastic general equilibrium) model. While the authors` primitive (first-stage) examination has the network generation mechanism as its main focus, their more in-depth second-stage analysis is based on a few main characteristics of network topologies, such as the degree, clustering coefficient, length, and centrality. Based on their econometric analysis of the simulation results, the authors find that the betweenness centrality contributes to the GDP instability and average path length contributes to the inflation instability. These results are robust under two augmentations, one taking into account non- linearity and one taking into account the shape of the degree distribution as an additional characteristic. Through these augmentations, the authors find that the effect of network topologies on economic stability can be more intriguing than their baseline model may suggest: in addition to the existence of non-linear or combined effects of network characteristics, the shape of the degree distribution is also found to be significant.
Relation:	Economics: The Open-Access, Open-Assessment E-Journal, 8, 2014-16
Data Type:	article
DOI link:	http://dx.doi.org/10.5018/economics-ejournal.ja.2014-16
DOI:	10.5018/economics-ejournal.ja.2014-16
Appears in Collections:	[Department of Economics] Periodical Articles

Files in This Item:

File	Description	Size	Format
SocialNetworks.pdf		2455Kb	Adobe PDF2	837	View/Open

社群 sharing

著作權政策宣告 Copyright Announcement

1.本網站之數位內容為國立政治大學所收錄之機構典藏，無償提供學術研究與公眾教育等公益性使用，惟仍請適度，合理使用本網站之內容，以尊重著作權人之權益。商業上之利用，則請先取得著作權人之授權。
The digital content of this website is part of National Chengchi University Institutional Repository. It provides free access to academic research and public education for non-commercial use. Please utilize it in a proper and reasonable manner and respect the rights of copyright owners. For commercial use, please obtain authorization from the copyright owner in advance.

2.本網站之製作，已盡力防止侵害著作權人之權益，如仍發現本網站之數位內容有侵害著作權人權益情事者，請權利人通知本網站維護人員(nccur@nccu.edu.tw)，維護人員將立即採取移除該數位著作等補救措施。
NCCU Institutional Repository is made to protect the interests of copyright owners. If you believe that any material on the website infringes copyright, please contact our staff(nccur@nccu.edu.tw). We will remove the work from the repository and investigate your claim.

Loading...