| dc.contributor.advisor | 朱美麗 | zh_TW |
| dc.contributor.author (Authors) | 劉俊麟 | zh_TW |
| dc.contributor.author (Authors) | LIU, CHUN LIN | en_US |
| dc.creator (作者) | 劉俊麟 | zh_TW |
| dc.creator (作者) | LIU, CHUN LIN | en_US |
| dc.date (日期) | 2005 | en_US |
| dc.date.accessioned | 14-Sep-2009 13:32:39 (UTC+8) | - |
| dc.date.available | 14-Sep-2009 13:32:39 (UTC+8) | - |
| dc.date.issued (上傳時間) | 14-Sep-2009 13:32:39 (UTC+8) | - |
| dc.identifier (Other Identifiers) | G0922580171 | en_US |
| dc.identifier.uri (URI) | https://nccur.lib.nccu.edu.tw/handle/140.119/32269 | - |
| dc.description (描述) | 碩士 | zh_TW |
| dc.description (描述) | 國立政治大學 | zh_TW |
| dc.description (描述) | 經濟研究所 | zh_TW |
| dc.description (描述) | 92258017 | zh_TW |
| dc.description (描述) | 94 | zh_TW |
| dc.description.abstract (摘要) | The credit channel literature has made great strides in recent years, however, much of the literature to date has focused largely on the closed economy. Even some of the literatures are in a framework of an open economy, they only concentrate on the fixed or a quasi-fixed exchange rate regime. Therefore, the aim of this paper is to complete the theoretical framework by extending the Bernanke and Blinder model to the case of an open economy under a floating exchange rate regime. We find that the exchange rates puzzle takes place in our model when the influence from credit channels is very significant. We further to compare the credit channel effects under different models. Moreover, we adopt a cointegration analysis to study the credit channel effect, and the empirical evidences show that the credit channels exist in Taiwan for the sample period during November 1991 to January 2005. | zh_TW |
| dc.description.tableofcontents | Chapter 1 Introduction 1 Chapter 2 Literature Review 3 Chapter 3 The Extended Bernanke and Blinder Model 7 3.1 The Model 7 3.2 Graphical Representation 12 Chapter 4 Monetary Policy under Flexible Exchange Rates 14 4.1 The Case with Significant Influence Generating from the Credit Channel 15 4.2 The Case with Insignificant Influence Generating from the Credit Channel 16 4.3 Comparison of Monetary Policy 17 Chapter 5 Preliminary Empirical Analysis 19 5.1 Data 19 5.2 Empirical Results 20 Chapter 6 Conclusion and Suggestions 26 Reference 27 Appendix 31 TABLES Table 1 Unit root tests 20 Table 2 Residual Misspecification Tests for VAR Model 22 Table 3 Tests for the Number of Cointegrating Vectors of Exchange Rate and Reserve 23 Table 4 Coefficient Tests of the Reserves 24 FIGURES Figure 1 The CC-LM-BP model with perfect capital mobility 13 Figure 2 The case with significant influence from the credit channel 16 Figure 3 The case with insignificant influence from the credit channel 17 | zh_TW |
| dc.language.iso | en_US | - |
| dc.source.uri (資料來源) | http://thesis.lib.nccu.edu.tw/record/#G0922580171 | en_US |
| dc.subject (關鍵詞) | Credit Channel | en_US |
| dc.subject (關鍵詞) | Bank Lending Channel | en_US |
| dc.subject (關鍵詞) | Credit Market | en_US |
| dc.subject (關鍵詞) | Open Economy | en_US |
| dc.title (題名) | The Effects of Credit Channel in a Small Open Economy with Perfect Capital Mobility | zh_TW |
| dc.type (資料類型) | thesis | en |
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