碩士 / 大葉大學 / 管理學院碩士在職專班 / 99 / Century financial tsunami, so that the public rarely have tasted the bitter taste. China living in the global village can not stay out of course.The study is based on the money supply, foreign exchange reserves, interest rate and exchange rate for the study variables.
Using Granger causality test, cointegration test and error correction model. To investigate the financial tsunami before and after the interactive relationship among the variables studied. Information on the period from January 2005 to September 2010 a total of 69 pen.
The results showed:（1）Money supply and exchange rate is not causation in China.（2）Foreign exchange reserves leading exchange rate in China.（3）After the financial crisis in China lending rate, the overnight call rate leading nominal exchange rate .（4）Lending rate, the overnight call rate during the sample data in the longer term, leading money supply in China.（5）After the financial crisis and during the full sample data ,foreign exchange reserves leading the lending rate in China.（6）Foreign exchange reserves and the money supply is not causation in China.
Described on the concept of integrated,in China foreign exchange reserves, money supply, exchange rates and interest rates results show, China is a special economy. Although the reform has been slow, but still not as free economy. So part of the overall interaction between the economic factor is not obvious. But the financial tsunami economic recession in the global economy. Governments mustering the force, reposition itself in a variety of policies to expand fiscal spending to boost the economy. China is also true.
| Identifer | oai:union.ndltd.org:TW/099DYU01121161 |
| Date | January 2011 |
| Creators | Pei-Chien Wang, 王貝倩 |
| Contributors | Wun-Kuei Lai, 賴文魁 |
| Source Sets | National Digital Library of Theses and Dissertations in Taiwan |
| Language | zh-TW |
| Detected Language | English |
| Type | 學位論文 ; thesis |
| Format | 98 |
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