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Title: | 政治與泰勒法則之偏離 Politics and Taylor Rule Deviations |
Authors: | Fang-Shuo Chang 張芳碩 |
Advisor: | 陳旭昇 |
Keyword: | 貨幣政策,泰勒法則,最適利率法則,動態隨機一般均衡模型,福利分析, Monetary Policy,Taylor Rule,Optimal Interest Rate Rule,DSGE model,Welfare Analysis, |
Publication Year : | 2017 |
Degree: | 碩士 |
Abstract: | 本文旨在探討政治是否影響貨幣政策。首先藉由 Iacoviello and Neri (2010) 的動態隨機一般均衡模型及福利分析,建構美國、英國、加拿大、澳洲及紐西蘭等5國的最適利率法則。接著分析各國偏離最適利率的情形,與其政府及貨幣當局主政者的關聯。實證結果發現,政治因素導致貨幣政策偏離最適泰勒法則,在美、加、澳、紐等4國是一種普遍的現象。 This thesis examines the link between politics and deviations of the optimal interest rate rule in the United States, the United Kingdom, Canada, Australia and New Zealand, respectively, a fter estimating the optimal Taylor rule with the dynamic stochastic general equilibrium (DSGE) model proposed by Iacoviello and Neri (2010) and a welfare-based analysis. Empirical results show that Taylor rule deviations are commonly caused by politics in the countries except the United Kingdom. |
URI: | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/2378 |
DOI: | 10.6342/NTU201702681 |
Fulltext Rights: | 同意授權(全球公開) |
Appears in Collections: | 經濟學系 |
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ntu-106-1.pdf | 992.07 kB | Adobe PDF | View/Open |
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