| dc.contributor | 金融系 | |
| dc.creator (作者) | Shen, Chung-Hua;Chen, Shyh-Wei | |
| dc.creator (作者) | 沈中華 | zh_TW |
| dc.date (日期) | 2004-06 | |
| dc.date.accessioned | 2-Sep-2015 17:05:11 (UTC+8) | - |
| dc.date.available | 2-Sep-2015 17:05:11 (UTC+8) | - |
| dc.date.issued (上傳時間) | 2-Sep-2015 17:05:11 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/78205 | - |
| dc.description.abstract (摘要) | This paper finds an asymmetric swing in Taiwan`s exchange rate. In contrast to the developed countries, whose exchange rates exhibit long swings in both appreciation and depreciation regimes, the long swing only exists in an appreciation regime for Taiwan. A short swing, however, is found during a depreciation regime in Taiwan. These results may reflect to some extent the central bank`s preference, which is to have a let-it-go policy during depreciation and a slowdown policy in appreciation. In addition, it may simply reflect the Japanese yen`s influences. | |
| dc.format.extent | 120366 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.relation (關聯) | International Economic Journal, 18(2), 195-213 | |
| dc.subject (關鍵詞) | central bank preference;Long swing;uncovered interest parity | |
| dc.title (題名) | Long Swing in Appreciation and Short Swing in Depreciation and does the Market not Know It?--The Case of Taiwan | |
| dc.type (資料類型) | article | en |
| dc.identifier.doi (DOI) | 10.1080/1016873042000228330 | |
| dc.doi.uri (DOI) | http://dx.doi.org/10.1080/1016873042000228330 | |
