1. NCCU Academic Hub
  2. Publications
  3. College of Commerce
  4. Proceedings
  5. Item

Publications-Proceedings

Article View/Open

Publication Export

Google ScholarTM

NCCU Library

Citation Infomation

Related Publications in TAIR

題名 The spillover effects of US unconventional monetary policy on the Taiwanese economy
作者 張興華
Chang, Hsing-Hua
Chen, KuanChieh
貢獻者 金融學系
日期 2017-06
上傳時間 26-Nov-2018 17:13:52 (UTC+8)
摘要 Due to the severity of the 2007-2009 financial crisis, the Federal Reserves of the United States aggressively lowered policy rate to zero and adopted several unconventional monetary policies, including Quantitative Easing. It has long suggested that US monetary policies had strong spillover effects on foreign countries. And indeed the governor of Taiwan’s central bank expressed strong concerns of such ripple effects of US policy on the Taiwanese economy. We follow previous research to use Fed unconventional monetary policy announcements to check if US monetary policy has significant impacts on the Taiwanese economy and financial markets. We also compare these spillover effects of traditional monetary policies before the crisis with the unconventional policies implemented during and after the crisis. The results show that indeed US monetary policies exert significant impacts on the Taiwanese economy. We also discuss the Taiwan’s central banks responses to these spillover effects.
關聯 The 1st International Conference on Econometrics and Statistics (HKUST), Hong Kong University of Science and Technology (HKUST) Business School
EcoSta 2017, Parallel Session O, Saturday 17.06.2017 16:10 - 17:50, EO188 Room LSK1001 APPLICATIONS AND EMPIRICAL RESEARCH IN ECONOMICS AND FINANCE, EO0496
資料類型 conference
dc.contributor 金融學系
dc.creator (作者) 張興華zh_TW
dc.creator (作者) Chang, Hsing-Huaen_US
dc.creator (作者) Chen, KuanChiehen_US
dc.date (日期) 2017-06
dc.date.accessioned 26-Nov-2018 17:13:52 (UTC+8)-
dc.date.available 26-Nov-2018 17:13:52 (UTC+8)-
dc.date.issued (上傳時間) 26-Nov-2018 17:13:52 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/121078-
dc.description.abstract (摘要) Due to the severity of the 2007-2009 financial crisis, the Federal Reserves of the United States aggressively lowered policy rate to zero and adopted several unconventional monetary policies, including Quantitative Easing. It has long suggested that US monetary policies had strong spillover effects on foreign countries. And indeed the governor of Taiwan’s central bank expressed strong concerns of such ripple effects of US policy on the Taiwanese economy. We follow previous research to use Fed unconventional monetary policy announcements to check if US monetary policy has significant impacts on the Taiwanese economy and financial markets. We also compare these spillover effects of traditional monetary policies before the crisis with the unconventional policies implemented during and after the crisis. The results show that indeed US monetary policies exert significant impacts on the Taiwanese economy. We also discuss the Taiwan’s central banks responses to these spillover effects.en_US
dc.format.extent 2909435 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) The 1st International Conference on Econometrics and Statistics (HKUST), Hong Kong University of Science and Technology (HKUST) Business School
dc.relation (關聯) EcoSta 2017, Parallel Session O, Saturday 17.06.2017 16:10 - 17:50, EO188 Room LSK1001 APPLICATIONS AND EMPIRICAL RESEARCH IN ECONOMICS AND FINANCE, EO0496
dc.title (題名) The spillover effects of US unconventional monetary policy on the Taiwanese economyen_US
dc.type (資料類型) conference