Please use this identifier to cite or link to this item:
https://ah.lib.nccu.edu.tw/handle/140.119/73953
DC Field | Value | Language |
---|---|---|
dc.contributor | 金融系 | |
dc.creator | Shen, Chung-Hua;Chen, Shyh-Wei;Xie, Zixiong | |
dc.creator | 沈中華 | zh_TW |
dc.date | 2006 | |
dc.date.accessioned | 2015-03-23T10:12:00Z | - |
dc.date.available | 2015-03-23T10:12:00Z | - |
dc.date.issued | 2015-03-23T10:12:00Z | - |
dc.identifier.uri | http://nccur.lib.nccu.edu.tw/handle/140.119/73953 | - |
dc.description.abstract | Using Taiwan data, the study employs Hamilton`s (2001) flexible regression model to investigate the relationship between inflation and inflation uncertainty. The results convincingly support Friedman`s hypothesis that a rise in the inflation rate increases inflation uncertainty. This result, however, holds only in a positive inflation regime. When the inflation rate is in a negative inflation regime, one clearly notes that a drop in the inflation rate also increases inflation uncertainty. Thus Friedman`s argument is complemented by advocating that a rise in the absolute inflation rate increases inflation uncertainty. Turning to Cukierman-Meltzer`s hypothesis, both linear and nonlinear inflation uncertainties affect the inflation rate, where the former has positive but the latter has negative effects. | |
dc.format.extent | 137 bytes | - |
dc.format.mimetype | text/html | - |
dc.relation | Applied Economics Letters - APPL ECON LETTERS , vol. 13, no. 8, pp. 529-533 | |
dc.subject | Inflation Uncertainty; Regression Model | |
dc.title | Nonlinear relationship between inflation and inflation uncertainty in Taiwan | |
dc.type | article | en |
dc.identifier.doi | 10.1080/13504850500400405 | en_US |
dc.doi.uri | http://dx.doi.org/10.1080/13504850500400405 | en_US |
item.openairecristype | http://purl.org/coar/resource_type/c_18cf | - |
item.cerifentitytype | Publications | - |
item.fulltext | With Fulltext | - |
item.grantfulltext | restricted | - |
item.openairetype | article | - |
Appears in Collections: | 期刊論文 |
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