CAJ | 학술논문

本文构建了一个含有消费习惯和价格粘性的动态随机一般均衡模型，在国内相关文献基础上进行参数校准，所求解出来的模拟经济基本能够刻画现实经济的波动特征。通过比较消费习惯和价格粘性的不同参数组合发现，当价格粘性不变时，随着消费习惯的增强，面临货币量冲击时，货币流通速度会减慢；而面对技术冲击时，货币流通速度会加快。但是货币量的冲击具有持久性，而技术冲击只是短期影响。当消费习惯保持不变，随着价格粘性的增强，正向货币量冲击会减慢货币流通速度，而正向技术冲击在短期内可以加快货币流通速度。
본문구건료일개함유소비습관화개격점성적동태수궤일반균형모형，재국내상관문헌기출상진행삼수교준，소구해출래적모의경제기본능구각화현실경제적파동특정。통과비교소비습관화개격점성적불동삼수조합발현，당개격점성불변시，수착소비습관적증강，면림화폐량충격시，화폐류통속도회감만；이면대기술충격시，화폐류통속도회가쾌。단시화폐량적충격구유지구성，이기술충격지시단기영향。당소비습관보지불변，수착개격점성적증강，정향화폐량충격회감만화폐류통속도，이정향기술충격재단기내가이가쾌화폐류통속도。
This paper constructs a dynamic stochastic general equilibrium model containing consumption habits and sticky price. After calibration parameters, the simulation economic solved can be characterized the fluctuation feature of real economy. Using different parame- ter values for consumption habits and price stickiness, it can be found when the price stickiness unchanged, with the enhancement of consumer habits, when faced with the impact of the amount of money, the velocity of money will slow down; but when faced with the impact of technology, currency in circulation speed up. But the amount of money a lasting impact, while the impact of technology is only short-term effects. When spending habits remain unchanged, with the price stickiness increases, the positive impact on the amount of money will slow down the velocity of money, but in the short term positive im- pact technology can accelerate the velocity of money.