| dc.contributor.advisor | 朱美麗 | zh_TW |
| dc.contributor.advisor | Chu, Mei-Lie | en_US |
| dc.contributor.author (Authors) | 蔡志堅 | zh_TW |
| dc.contributor.author (Authors) | Tsai, Chih-Chien | en_US |
| dc.creator (作者) | 蔡志堅 | zh_TW |
| dc.creator (作者) | Tsai, Chih-Chien | en_US |
| dc.date (日期) | 2004 | en_US |
| dc.date.accessioned | 18-Sep-2009 17:22:40 (UTC+8) | - |
| dc.date.available | 18-Sep-2009 17:22:40 (UTC+8) | - |
| dc.date.issued (上傳時間) | 18-Sep-2009 17:22:40 (UTC+8) | - |
| dc.identifier (Other Identifiers) | G0922580061 | en_US |
| dc.identifier.uri (URI) | https://nccur.lib.nccu.edu.tw/handle/140.119/36170 | - |
| 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) | 92258006 | zh_TW |
| dc.description (描述) | 93 | zh_TW |
| dc.description.abstract (摘要) | A considerable body of theoretical and empirical literature has evaluated the credit channel of monetary transmission. This paper sets up an open-economy model under floating exchange rates with imperfect international capital mobility based on the Bernanke and Blinder model (1988). Employing our model, we show that a change in money supply has different impacts on the economy in many cases compared to the previous literature. The exchange rate puzzle may occur and when the exchange rate puzzle appears, the Fleming proposition is violated. Besides, by means of a cointegration analysis, we empirically verify the particular case of the exchange rate puzzle with the monthly data from May 1984 to January 2005 in Taiwan. Therefore, our empirical evidences can be matched with our theoretical derivations successfully. | zh_TW |
| dc.description.tableofcontents | Chapter 1 Introduction-----------------------------------------1 Chapter 2 Literature Review----------------------------------- 3 Chapter 3 The Extended Bernanke and Blinder Model ----------- 11 3.1 The model ------------------------------------------------11 3.2 Graphical Representation -------------------------------- 15 Chapter 4 Transmission of Monetary Impulses ----------------- 19 4.1 Comparative Statics ------------------------------------- 19 4.1.1 The Case with High International Capital Mobility-------20 4.1.2 The Case with Low International Capital Mobility--------28 4.2 Concluding Remarks ---------------------------------------35 Chapter 5 More studies on the credit channel ---------------- 36 5.1 Examinations of the Fleming Proposition ----------------- 36 5.2 Preliminary Empirical Analysis -------------------------- 44 5.2.1 Unit Root Test------------------------------------------45 5.2.2 The Effect of a Money Supply Change on the Interest Rate46 5.2.3 The Effect of a Money Supply Change on the Exchange Rate51 5.3 Concluding Remarks----------------------------------------54 Chapter 6 Conclusion and Suggestions--------------------------56 6.1 Conclusion------------------------------------------------56 6.2 Continuing Research and Suggestion------------------------57 Reference-----------------------------------------------------59 Appendix A----------------------------------------------------63 Appendix B----------------------------------------------------64 | zh_TW |
| dc.language.iso | en_US | - |
| dc.source.uri (資料來源) | http://thesis.lib.nccu.edu.tw/record/#G0922580061 | en_US |
| dc.subject (關鍵詞) | 信用管道 | zh_TW |
| dc.subject (關鍵詞) | 資本不完全移動 | zh_TW |
| dc.subject (關鍵詞) | 浮動匯率 | zh_TW |
| dc.subject (關鍵詞) | Fleming命題 | zh_TW |
| dc.subject (關鍵詞) | 共整合 | zh_TW |
| dc.subject (關鍵詞) | credit channel | en_US |
| dc.subject (關鍵詞) | imperfect internaitonal capital mobility | en_US |
| dc.subject (關鍵詞) | floating exchange rate | en_US |
| dc.subject (關鍵詞) | Fleming proposition | en_US |
| dc.subject (關鍵詞) | cointegration | en_US |
| dc.title (題名) | More on Monetary Policy in a Small Open Economy with Imperfect International Capital mobility: A Credit View | zh_TW |
| dc.title (題名) | 信用市場、資本不完全移動與浮動匯率之分析 | zh_TW |
| dc.type (資料類型) | thesis | en |
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