1
kinh t v
bn th nm
N. Gregory Mankiw
Bài ging ca Phm Th Anh
pham.theanh@yahoo.com
(dch và sa theo bài ging ca Ron Cronovich)
macro
© 2002 Worth Publishers, all rights reserved
CHNG 19
Nhng lý thuyt mi
v Chu k Kinh Doanh
CHAPTER 19
CHAPTER 19
Advances in Business Cycle Theory
Advances in Business Cycle Theory
slide 1
Mc tiêu ca chng
Mc tiêu ca chng


 !
"#$%&'()*$+
,-
'$.'//012
CHAPTER 19
CHAPTER 19
Advances in Business Cycle Theory
Advances in Business Cycle Theory
slide 2
Lý thuyt Chu k Kinh doanh Thc t
Lý thuyt Chu k Kinh doanh Thc t
1.34)56%74)85
9 1#:;<=6%74)8
5
9 0 =7(>1.?71
$@04A6B163
$%3=4CC2
)50@1?%$
3D0CB;
$%$
CHAPTER 19
CHAPTER 19
Advances in Business Cycle Theory
Advances in Business Cycle Theory
slide 3
Kinh t hc
Kinh t hc
Robinson Crusoe
Robinson Crusoe
E%$F:1?04GH9 (I
(H6C ,)0)0)/4)
)J
K40L0)/=?@1)
9 F
9 )
M 383N04GHO
M 2383NO
K40L)%%251
=4C1P60)/13CJ
CHAPTER 19
CHAPTER 19
Advances in Business Cycle Theory
Advances in Business Cycle Theory
slide 4
Nhng cú sc trong nn kinh t Crusoe
Nhng cú sc trong nn kinh t Crusoe
Q324)JKRS0TU>
EU0H33@0)/)
VB1@0)/U!$W
710C?F03
837<(XA$U0H)
Y)2)4)JKRS0T41!
-Y)141U0H6()<60)/(
;?)3837(IJ
Z.6416>B
2W)Y)$%Y)
VB141!R)%(
?33)P260)/$
W(?FJ
CHAPTER 19
CHAPTER 19
Advances in Business Cycle Theory
Advances in Business Cycle Theory
slide 5
Nhng bin ng kinh t là nhng phn
Nhng bin ng kinh t là nhng phn
ng ti u i vi các cú sc
ng ti u i vi các cú sc
*/)"#$%&'()*$6
$)%$@DC
$)%$@0)/J
3D0C%1)1CJ*
3D0C%1)1CJ*
1%DG4
1%DG4
$@04A6B16
$@04A6B16
3$%3=4C
3$%3=4C
C23D0CJ
C23D0CJ
2
CHAPTER 19
CHAPTER 19
Advances in Business Cycle Theory
Advances in Business Cycle Theory
slide 6
Nhng tranh lun v lý thuyt RBC
Nhng tranh lun v lý thuyt RBC
[:1.C@!
EB1=43
 B@)\
E%$4D0C2
)50U0H)85\
*:;<=)85\
*34)5)8
5\DF@7
]H43W?\
CHAPTER 19
CHAPTER 19
Advances in Business Cycle Theory
Advances in Business Cycle Theory
slide 7
Th trng lao ng
Th trng lao ng
!
*/)#$,-6?)0^03
=)/)?7=45
@)B5
0)2J
*C3
?%&]2
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N_ O
+
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_
)?%&_NB
5O
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)?%&`N
OJ
CHAPTER 19
CHAPTER 19
Advances in Business Cycle Theory
Advances in Business Cycle Theory
slide 8
Th trng lao ng
Th trng lao ng
*/)#$ ,-6
M 3D0C$C2
3?%&
M ?)=4]3F
)
M %$B104A$
E?==3<=<]
M )%54181C2
 $3?%&
M HB=)>3?%&0)3
@$% B
CHAPTER 19
CHAPTER 19
Advances in Business Cycle Theory
Advances in Business Cycle Theory
slide 9
Các cú sc nng sut
Các cú sc nng sut
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3$%$J
 12)=433
D0CU0H!:=430 
@04A14)%
4;AJ
"#$,- 1#]0C(a))b:
)204AJ"B
:D%\
CHAPTER 19
CHAPTER 19
Advances in Business Cycle Theory
Advances in Business Cycle Theory
slide 10
Nm
Tng trng sn lng
S d Solow
1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 20001945
10
8
6
4
2
0
-2
-4
% nm
S d
S d
Solow
Solow
và tng trng sn lng
và tng trng sn lng
CHAPTER 19
CHAPTER 19
Advances in Business Cycle Theory
Advances in Business Cycle Theory
slide 11
Các cú sc công ngh
Các cú sc công ngh
E?@#$,-<=<
]0 )U>
04A0C(a))b]
)H3D0CU0H1
.@3$
%$J
E?==3)]0C(
a))b)?A=43;
%&=43B
 0 J
3
CHAPTER 19
CHAPTER 19
Advances in Business Cycle Theory
Advances in Business Cycle Theory
slide 12
Tính trung lp ca tin
Tính trung lp ca tin
E?==3,- )]0 8
41U>51=3
$3?%&:HB=)
04AH=J
E?@,- =45]
3)]0!
9 K40L04AA%&.0T41J
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]1=450 410DA(
;2J
CHAPTER 19
CHAPTER 19
Advances in Business Cycle Theory
Advances in Business Cycle Theory
slide 13
S linh hot ca tin lng và giá c
S linh hot ca tin lng và giá c
"#$,- 4W]3
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]J
E?@,- <=<]1
8@34)$
2 %.C2B4
;$%$J
c.d;4W]34)5
7H32#$%$1J
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@34:74;)
HB=% B;%
<=@J
CHAPTER 19
CHAPTER 19
Advances in Business Cycle Theory
Advances in Business Cycle Theory
slide 14
Kinh t hc Keynes Mi
Kinh t hc Keynes Mi
c$3%$]$
)85@04AB
1=43()B%ef
B 6()G4
>348J
E@?=3'//0
g2C84;);8
@34]3G/1Gh
%$1@BF
3J
CHAPTER 19
CHAPTER 19
Advances in Business Cycle Theory
Advances in Business Cycle Theory
slide 15
Chi phí thc n nhnh hng
Chi phí thc n nhnh hng
ngoi hin ca tng cu
ngoi hin ca tng cu
VBF34>)5B!
a 8413@1()B=%$)
1341N1P(IeOJ
Q1U $1U
63()B=%3:AJ
!=;3N;(X
=; 12)P=;
L43)312O
':=;6348:7
CC23()B=1P(I:
:7%:A))%$J
CHAPTER 19
CHAPTER 19
Advances in Business Cycle Theory
Advances in Business Cycle Theory
slide 16
Suy thoái do tht bi trong hp tác
Suy thoái do tht bi trong hp tác
*)3?%&0)3604AH=63)
WHB=6313iJ
E$H43()B=?)
413@.%$0T>53
)(XJ
*6%()B=)P?)
j)8413@1$%
$]3()B=)P?)
%30T8413@.JR)<6340T(
>1)0)3$=X%h)(J
CHAPTER 19
CHAPTER 19
Advances in Business Cycle Theory
Advances in Business Cycle Theory
slide 17
Tính không ng b ca
Tính không ng b ca
tin lng và giá c
tin lng và giá c
*H434%F>I
1?71J
*;%k@0 F
l34%$)13
13<15=%:J
gi()B=?)$]%
.413(@134
C@.0TH=)1%)4?H
WJQ%$.1mn)B41
3J
4
CHAPTER 19
CHAPTER 19
Advances in Business Cycle Theory
Advances in Business Cycle Theory
slide 18
Nhng lý do chính giá c c!ng nh"c: kt
Nhng lý do chính giá c c!ng nh"c: kt
qu t# các cuc iu tra các nhà qun
qu t# các cuc iu tra các nhà qun
_J*H5)A=3!3()B=%
36A3()B=%38412
`J3()B=)YBU3)2%=;
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oJ3()B=;;%3
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m)
qJEA=k1!3()B=1)4
<W36:T%r;]sC
2%3J
tJEA=kuCW34(
vJ=; 
CHAPTER 19
CHAPTER 19
Advances in Business Cycle Theory
Advances in Business Cycle Theory
slide 19
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Kt lun:
tình hình nghiên c!u
tình hình nghiên c!u
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CHAPTER 19
CHAPTER 19
Advances in Business Cycle Theory
Advances in Business Cycle Theory
slide 20
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CHAPTER 19
CHAPTER 19
Advances in Business Cycle Theory
Advances in Business Cycle Theory
slide 21
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CH NG 19 M c tiêu c a ch ng Nh ng lý thuy t m i v Chu k Kinh Doanh ! kinh t v mô "# $ %&' () * $+ ,- b n th n m ' $ . '/ /0 12 N. Gregory Mankiw
acro Bài ging ca Phm Th Anh pham.theanh@yahoo.com
(d ch và s a theo bài gi ng c a Ron Cronovich)
m © 2002 Worth Publishers, all rights reserved CHAPTER 19
Advances in Business Cycle Theory slide 1
Lý thuy t Chu k Kinh doanh Th c t
Kinh t h c Robinson Crusoe 1. 3 4 )56%7 4 ) 8 5 E % $ F:1 ?04 GH 9 (I 9 1 # : ; <=6%7 4 ) 8 ( H6 C ,) 0) 0)/ 4) 5 ) J 9 0 = 7 ( >1. ? 71 K4 0L 0)/= ? @ 1 ) $ @ 04 A 6 B 16 3 9 F $ %3 =4 C C 2 9 ) )50 @ 1 ? % $ M 3 8 3N04 GHO M 2 3 8 3N O 3 D0C B ; $ % $ K4 0L ) % % 2 5 1 =4 C1P6 0)/ 1 3 C J CHAPTER 19
Advances in Business Cycle Theory slide 2 CHAPTER 19
Advances in Business Cycle Theory slide 3
Nh ng cú s c trong n n kinh t Crusoe
Nh ng bi n ng kinh t là nh ng ph n
ng t i u i v i các cú s c Q 32 4)JKRS0T U > * /)"# $ %&' () * $6 EU 0 H 3 3 @ 0)/ ) $ ) % $ @ D C VB 1 @ 0)/ U ! $ W $ ) % $ @ 0)/J 7 1 0C ? F 0 3 8 3 7 < (X A $ U 0 H ) Y)2 ) 4)JKRS0T 41! 3 D0 D C % 1) 1 CJ* J -Y) 1 41 U 0 H6() <6 0)/( 1 % D G4 G ; ? ) 3 8 3 7 (I J $ @ 04 A 6 B 16 Z . 6 416 > B 3 $ %3 =4 C 2 W )Y ) $ % Y) C 2 3 D0 D C J VB 1 41! R) % ( ? 3 3 )P 26 0)/ $ W ( ? F J CHAPTER 19
Advances in Business Cycle Theory slide 4 CHAPTER 19
Advances in Business Cycle Theory slide 5 1
Nh ng tranh lu n v lý thuy t RBC Th tr ng lao ng [ :1 . C @ ! ! * /)# $ ,- 6 ? ) 0^ 0 3 E B 1 =4 3 = ) /) ? 7=4 5 B @ ) \ @ ) B 5 E % $ 4 D0C 2 0) 2 J )50 U 0 H ) 8 5\ * C 3 ?%& ] 2 N_ + O * : ; <= ) 8 5\ _ * 3 4 )5 ) 8 ` 5\ D F @ 7 ) : ) ?%&_ N B _ ] H 4 3 W ? \ 5O ) ?%&` N ` O J CHAPTER 19
Advances in Business Cycle Theory slide 6 CHAPTER 19
Advances in Business Cycle Theory slide 7 Th tr ng lao ng Các cú s c n ng su t * /)# $ ,- 6 * /)# $ ,- 63 D0C U 0 H M 3 D0C $ C 2 3 $ % $J 3 ?%& M ? ) =4 ] 3 F 1 2 )=4 3 3 ) D0C U 0 H! :=4 3 0 M % $ B 1 04 A $ @ 04 A 1 4 ) % E ?= =3 <= < ] 4 ; AJ M ) % 5 41 81 C 2 $ 3 ?%& "# $ ,- 1 # ] 0C( a))b : M H B= )> 3 ?%&0 )3 ) 204 A J"B @ $ % B : D % \ CHAPTER 19
Advances in Business Cycle Theory slide 8 CHAPTER 19
Advances in Business Cycle Theory slide 9 S d Solow và t ng tr ng s n l ng Các cú s c công ngh % n10 m E ?@ # $ ,- <= < 8 T ng tr ng s n l ng ] 0 ) U > 6 04 A 0C( a))b ] ) H 3 D0C U 0 H 1 4 . @ 3 $ 2 % $J 0 E ?= =3 ) ] 0C( a))b ) ? A =4 3 ; -2 S d Solow %& =4 3 B 0 J
-41945 1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 N m CHAPTER 19
Advances in Business Cycle Theory slide 10 CHAPTER 19
Advances in Business Cycle Theory slide 11 2
Tính trung l p c a ti n S linh ho t c a ti n l ng và giá c E ?= =3 ,- ) ] 0 8 "# $ ,- 4 W ] 3 41 U > 51 =3 4 ) ) )56() < W ? $ 3 ?%& : H B= ) ] J 04 A H=J E ?@ ,- <= < ] 1 8 @ 3 4 ) $ E ?@ ,- =4 5 ] 2 % . C 2 B 4 3 ) ] 0 ! ; $ % $J 9 K4 0L04 A A %& . 0T 41J c. d ; 4 W ] 3 4 )5 E 0T 41 7 H 3 2 # $ % $ 1 J ]1 =4 50 41 0D A ( E ?= =3 ] 0 8 ; 2 J @ 3 4 : 7 4 ; ) H B=% B ; % <= @ J CHAPTER 19
Advances in Business Cycle Theory slide 12 CHAPTER 19
Advances in Business Cycle Theory slide 13 Kinh t h c Keynes M i Chi phí th c n nh và nh h ng ngo i hi n c a t ng c u c $ 3 % $ ] $ VB F 3 4 > )5 B! ) 8 5 @ 04 A B a 8 41 3 @ 1 () B=% $ ) 1 =4 3 () B %e f 1 3 41 N1P (I eO J B 6 () G4 Q 1 U $ 1 U > 3 4 8J 63 () B=%3 :AJ ! = ; 3N ;(X E @ ? =3'/ /0 = ; 12 )P = ; g2 C 8 4 ; ) ; 8 L 4 3) 312O @ 3 4 ] 3 G/1 Gh ' : = ; 6 3 4 8 : 7 % $ 1 @ B F C C 2 3 () B=1P (I : 3J : 7 % :A ) ) % $J CHAPTER 19
Advances in Business Cycle Theory slide 14 CHAPTER 19
Advances in Business Cycle Theory slide 15
Suy thoái do th t b i trong h p tác Tính không ng b c a ti n l ng và giá c * ) 3 ?%&0 )3604 A H=63 ) *H 4 3 4 % F > I W H B=6 3 13 iJ 1 ? 71J E$ H 4 3 () B= ? ) *; % k @ 0 F 41 3 @ . % $0T > 5 3 l 3 4 % $ )1 3 ) (X J 1 3 <1 5=% : J * 6% () B= )P ? ) gi() B= ? ) $ ] % j ) 8 41 3 @ 1 $ % . 41 3( @ 1 3 4 $ ] 3 () B= )P ? ) C @ .0T H= ) 1 %)4 ? H
%3 0T 8 41 3 @ .JR) <6 3 4 0T( W JQ % $ .1 m n ) B 41 >1 ) 0 )3 $= X %h)( J 3J CHAPTER 19
Advances in Business Cycle Theory slide 16 CHAPTER 19
Advances in Business Cycle Theory slide 17 3
Nh ng lý do chính giá c c!ng nh"c: k t
qu t# các cu c i u tra các nhà qu n lý
K t lu n: tình hình nghiên c!u _J* H 5 ) A= 3! 3 () B=% YG/1 Gh ? =3 36 A 3 () B=%3 8 41 2 GH 08 C 2 B %&% `J 3 () B= )Y B U 3 ) 2% =; () ! "# $ %&' () * $ U "# $ '/ /0 g2J oJ 3 () B= ; ; %3 @ 04 =p1 6 ;(X H A 6(W X6 ' =4 1. % $ ]1 ) m ) 1 ) ? =3 J qJE A= k 1! 3 () B= 1 )4 < W 36:T % r; ] sC E %$ A=# 2%3 J @ 4 ? =3 7 tJE A= k u C W 3 4 ( $ % $J vJ =; CHAPTER 19
Advances in Business Cycle Theory slide 18 CHAPTER 19
Advances in Business Cycle Theory slide 19 Tóm t"t ch ng Tóm t"t ch ng _J "# $ %&% () $ oJ' $ . '/ /0 12 4 W ; )5 ) 4) @ H= < 1 C 3 4 F $ () 3 D0C U 0 H C 8 4 ; ; 8 @ $ C % G4 3 3 4 2= ; % $ 1 6 D0C ) k1 `JE 71 Y @ # $ ,- =; 0 $ 3 ?%& @ ) H 5 ) A= 3 ; . @ 3 D0C U 0 H ; % k @ 3 ; <= @ 4 ; )5 @ 3 4 CHAPTER 19
Advances in Business Cycle Theory slide 20 CHAPTER 19
Advances in Business Cycle Theory slide 21 4