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題名 變動利率、非貿易財與經常帳:跨期模型之台灣實證
Testing an intertemporal model of the current account with variable interest rates and nontraded goods: evidence from Taiwan
作者 廖珮如
Liao, Pei-Ju
貢獻者 郭炳伸
廖珮如
Liao, Pei-Ju
日期 2001
上傳時間 18-Sep-2009 18:57:31 (UTC+8)
摘要 
Testing an Intertemporal Model of the Current Account with Variable Interest Rates and Nontraded Goods: Evidence from Taiwan
     Pei-Ju Liao
     National Chengchi University Department of International Trade
     
     Abstract
      This paper develops four versions of the intertemporal model. The main difference among these versions is whether we include the time-varying interest rate or/and the relative price of nontraded and traded goods in the composition of the consumption-based interest rates. Empirically, we use Taiwan`s quarterly and annual data to test these versions. We find that our model performs quite well if we include the relative price in our model. But the model with variable interest rates while excluding nontraded goods is strongly rejected by the data. This result shows that the relative price of nontraded and traded goods has better explaining power than time-varying interest rates. We conclude that the intratemporal effect plays a more important role than intertemporal effect in explaining Taiwan`s current account.
描述 碩士
國立政治大學
國際經營與貿易研究所
89351032
90
資料來源 http://thesis.lib.nccu.edu.tw/record/#G91NCCU2682012
資料類型 thesis
dc.contributor.advisor 郭炳伸zh_TW
dc.contributor.author (Authors) 廖珮如zh_TW
dc.contributor.author (Authors) Liao, Pei-Juen_US
dc.creator (作者) 廖珮如zh_TW
dc.creator (作者) Liao, Pei-Juen_US
dc.date (日期) 2001en_US
dc.date.accessioned 18-Sep-2009 18:57:31 (UTC+8)-
dc.date.available 18-Sep-2009 18:57:31 (UTC+8)-
dc.date.issued (上傳時間) 18-Sep-2009 18:57:31 (UTC+8)-
dc.identifier (Other Identifiers) G91NCCU2682012en_US
dc.identifier.uri (URI) https://nccur.lib.nccu.edu.tw/handle/140.119/36606-
dc.description (描述) 碩士zh_TW
dc.description (描述) 國立政治大學zh_TW
dc.description (描述) 國際經營與貿易研究所zh_TW
dc.description (描述) 89351032zh_TW
dc.description (描述) 90zh_TW
dc.description.abstract (摘要) zh_TW
dc.description.abstract (摘要) Testing an Intertemporal Model of the Current Account with Variable Interest Rates and Nontraded Goods: Evidence from Taiwan
     Pei-Ju Liao
     National Chengchi University Department of International Trade
     
     Abstract
      This paper develops four versions of the intertemporal model. The main difference among these versions is whether we include the time-varying interest rate or/and the relative price of nontraded and traded goods in the composition of the consumption-based interest rates. Empirically, we use Taiwan`s quarterly and annual data to test these versions. We find that our model performs quite well if we include the relative price in our model. But the model with variable interest rates while excluding nontraded goods is strongly rejected by the data. This result shows that the relative price of nontraded and traded goods has better explaining power than time-varying interest rates. We conclude that the intratemporal effect plays a more important role than intertemporal effect in explaining Taiwan`s current account.
en_US
dc.description.tableofcontents 1. Introduction-----1
     2. Literature review-----3
     3. The theory and econometric model-----7
     4. Data and empirical results-----17
     5. Conclusion-----29
     Appendix-----31
     Reference-----41
zh_TW
dc.language.iso en_US-
dc.source.uri (資料來源) http://thesis.lib.nccu.edu.tw/record/#G91NCCU2682012en_US
dc.title (題名) 變動利率、非貿易財與經常帳:跨期模型之台灣實證zh_TW
dc.title (題名) Testing an intertemporal model of the current account with variable interest rates and nontraded goods: evidence from Taiwanen_US
dc.type (資料類型) thesisen