English  |  正體中文  |  简体中文  |  Items with full text/Total items : 61681/94629 (65%)
Visitors : 1633632      Online Users : 18
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    Please use this identifier to cite or link to this item: https://tkuir.lib.tku.edu.tw/dspace/handle/987654321/19737

    Title: Examining the relationship between money uncertainty and inflation in Taiwan
    Authors: 歐陽良裕;Ouyang, Liang-yuh;倪衍森;Ni, Yen-sen;Wu, M. H.
    Contributors: 淡江大學經營決策學系
    Keywords: Money;money volatility;inflation
    Date: 2003-05-01
    Issue Date: 2009-11-30 12:20:16 (UTC+8)
    Publisher: Analytic Publishing Co
    Abstract: The paper uses monthly data of money and consumer price index from January 1988 to December 1998 for Taiwan. We use GARCH(1, 1) models to generate our measure of money volatility and then test the short-run dynamic relationship between money volatility and inflation, instead of money and inflation. From our empirical results, we may reasonable conclude money volatility has significant, and positive effect on inflation. Furthermore, from the extensive study of impulse response functions, the results reveal that inflation reacts immediately and dramatically for monetary volatility shocks, which are also different from monetary shocks on inflation. It reveals that stable monetary policy will be better for economy, since uncertainty of money will cause inflation and fluctuation of economy.
    Relation: Journal of information & optimization sciences 24(2), pp.239-248
    DOI: 10.1080/02522667.2003.10699564
    Appears in Collections:[Department of Management Sciences] Journal Article

    Files in This Item:

    File SizeFormat

    All items in 機構典藏 are protected by copyright, with all rights reserved.

    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library & TKU Library IR teams. Copyright ©   - Feedback