This paper adopts an modle with endogenous variable to investigates policy inertia hypothesis or unobserved variable hypothesis in Taiwan¡¦s interest-rate rule 1981-
2010. Empirical result suggests that both policy inertia and omitted variable hypothesis are important in monetary policy in Taiwan,which is consistent with that of Gerlach-
Kristen (2004).
| Identifer | oai:union.ndltd.org:NSYSU/oai:NSYSU:etd-0629111-222156 |
| Date | 29 June 2011 |
| Creators | Shiu, Kai-hung |
| Contributors | Yu-Hau Hu, Ching-Nun Lee, Jyh-Lin Wu |
| Publisher | NSYSU |
| Source Sets | NSYSU Electronic Thesis and Dissertation Archive |
| Language | Cholon |
| Detected Language | English |
| Type | text |
| Format | application/pdf |
| Source | http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0629111-222156 |
| Rights | not_available, Copyright information available at source archive |
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