dc.contributor | 金融系 | |
dc.creator (作者) | Chen, Shyh-Wei;Shen, Chung-Hua | |
dc.creator (作者) | 沈中華 | zh_TW |
dc.date (日期) | 2007-05 | |
dc.date.accessioned | 6-Oct-2015 15:49:03 (UTC+8) | - |
dc.date.available | 6-Oct-2015 15:49:03 (UTC+8) | - |
dc.date.issued (上傳時間) | 6-Oct-2015 15:49:03 (UTC+8) | - |
dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/78871 | - |
dc.description.abstract (摘要) | This paper investigates the long-run response of real stock prices to a permanent monetary shock in Taiwan using recent enhancements in the testing of long-run neutrality hypotheses. The estimated results provide convincing evidence that M2 exerts no permanent effects on real stock prices irrespective of identification. M1B and MIA show positive effects when the second identification is taken into account. The short-run effects of a permanent shock of money is positive in most cases. | |
dc.format.extent | 159 bytes | - |
dc.format.mimetype | text/html | - |
dc.relation (關聯) | Empirical Economics Letters, 6(3), 217-224 | |
dc.subject (關鍵詞) | M2;Monetary;Money;Stock Price;Stocks | |
dc.title (題名) | Real Effect of Money on Real Stock Price in Taiwan | |
dc.type (資料類型) | article | en |