The Choice of Intermediate Targets and the Behavior of the Central Bank : the Case of Taiwan
碩士 === 國立中央大學 === 產業經濟研究所 === 82 === The central bank of ROC announces that the intermediate target had changed from M1B to M2 since 1990. But from the actural data we find that the growth rate of M2, M1B always not fall into the target zone. This motivat...
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1994
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| Online Access: | http://ndltd.ncl.edu.tw/handle/51526366724438970628 |
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ndltd-TW-082NCU003340062016-07-18T04:09:42Z http://ndltd.ncl.edu.tw/handle/51526366724438970628 The Choice of Intermediate Targets and the Behavior of the Central Bank : the Case of Taiwan 央行中間目標的選擇及其行為 Ray-yu Liu 劉瑞宇 碩士 國立中央大學 產業經濟研究所 82 The central bank of ROC announces that the intermediate target had changed from M1B to M2 since 1990. But from the actural data we find that the growth rate of M2, M1B always not fall into the target zone. This motivate us to investigate which is the real intermediate target of the central bank? We use the GARCH model to compare with the volatility of various variables and infer that the central bank has different targets in different periods, not always targets on Money. Chung-Hua Shen 沈中華 1994 學位論文 ; thesis 76 zh-TW |
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NDLTD |
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zh-TW |
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Others
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| sources |
NDLTD |
| description |
碩士 === 國立中央大學 === 產業經濟研究所 === 82 === The central bank of ROC announces that the intermediate target
had changed from M1B to M2 since 1990. But from the actural
data we find that the growth rate of M2, M1B always not fall
into the target zone. This motivate us to investigate which is
the real intermediate target of the central bank? We use the
GARCH model to compare with the volatility of various variables
and infer that the central bank has different targets in
different periods, not always targets on Money.
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| author2 |
Chung-Hua Shen |
| author_facet |
Chung-Hua Shen Ray-yu Liu 劉瑞宇 |
| author |
Ray-yu Liu 劉瑞宇 |
| spellingShingle |
Ray-yu Liu 劉瑞宇 The Choice of Intermediate Targets and the Behavior of the Central Bank : the Case of Taiwan |
| author_sort |
Ray-yu Liu |
| title |
The Choice of Intermediate Targets and the Behavior of the Central Bank : the Case of Taiwan |
| title_short |
The Choice of Intermediate Targets and the Behavior of the Central Bank : the Case of Taiwan |
| title_full |
The Choice of Intermediate Targets and the Behavior of the Central Bank : the Case of Taiwan |
| title_fullStr |
The Choice of Intermediate Targets and the Behavior of the Central Bank : the Case of Taiwan |
| title_full_unstemmed |
The Choice of Intermediate Targets and the Behavior of the Central Bank : the Case of Taiwan |
| title_sort |
choice of intermediate targets and the behavior of the central bank : the case of taiwan |
| publishDate |
1994 |
| url |
http://ndltd.ncl.edu.tw/handle/51526366724438970628 |
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