請用此 Handle URI 來引用此文件:
http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/2378
完整後設資料紀錄
DC 欄位 | 值 | 語言 |
---|---|---|
dc.contributor.advisor | 陳旭昇 | |
dc.contributor.author | Fang-Shuo Chang | en |
dc.contributor.author | 張芳碩 | zh_TW |
dc.date.accessioned | 2021-05-13T06:39:35Z | - |
dc.date.available | 2019-08-10 | |
dc.date.available | 2021-05-13T06:39:35Z | - |
dc.date.copyright | 2017-08-10 | |
dc.date.issued | 2017 | |
dc.date.submitted | 2017-08-09 | |
dc.identifier.citation | Abrams, Burton A. and Plamen Iossifov (2006), “Does the Fed Contribute to a Political Business Cycle?” Public Choice, 129, 249–262.
Caporale, Tony and Kevin B. Grier (2000), “Political Regime Change and the Real Interest Rate,” Journal of Money, Credit and Banking, 32, 320–334. ——— (2005), “Inflation, Presidents, Fed Chairs, and Regime Shifts in the U.S. Real Interest Rate,” Journal of Money, Credit and Banking, 37, 1153–1163. Chen, Shiu-Sheng and Chun-Chien Wang (2014 ), “Do Politics Cause Regime Shift s in Monetary Policy?” Contemporary Economic Policy, 32, 492–502. Erceg, Christopher J., Dale W. Henderson, and Andrew T. Levin (2000), “Optimal Monetary Policy with Staggered Wage and Price Contracts,” Journal of Monetary Economics, 46, 281–313. Faia, Ester and Tommaso Monacelli (2007), “Optimal Interest Rate Rules, Asset Prices, and Credit Frictions,” Journal of Economic Dynamics and Control, 31, 3228–3254. Hibbs Jr., Douglas A. (1977), “Political Parties and Macroeconomic Policy,” American Political Science Review, 71, 1467–1487. Hofmann, Boris and Bilyana Bogdanova (2012), “Taylor Rules and Monetary Policy: A Global “Great Deviation” ?” BIS Quarterly Review, September, 37–49 . Iacoviello, Matteo and Stefano Neri (2010), “Housing Market Spillovers: Evidence from an Estimated DSGE Model,” American Economic Journal: Macroeconomics, 2, 125–164. Lambertini, Luisa, Caterina Mendicino, and Maria Teresa Punzi (2013), “Leaning against Boom-Bust Cycles in Credit and Housing Prices,” Journal of Economic Dynamics and Control, 37, 1500–1522. Milani, Fabio (2010), “Political Business Cycles in the New Keynesian Model,” Economic Inquiry, 48, 896–915. Nikolsko-Rzhevskyy, Alex, David H. Papell, and Ruxandra Prodan (2014), “Deviations from Rules-Based Policy and Their Effects,” Journal of Economic Dynamics and Control, 49, 4–17. Notarpietro, Alessandro and Stefano Siviero (2015), “Optimal Monetary Policy Rules and House Prices: The Role of Financial Frictions,” Journal of Money, Credit and Banking, 47, 383–410. Pfeifer, Johannes (2013), “A Guide to Specifying Observation Equations for the Estimation of DSGE Models,” URL: https://goo.gl/sYiGNs. Schmitt-Grohé, Stephanie and Martín Uribe (2007), “Optimal Simple and Implementable Monetary and Fiscal Rules,” Journal of Monetary Economics, 54, 1702–1725. Taylor, John B. (1993), “Discretion versus Policy Rules in Practice,” Carnegie-Rochester Conference Series on Public Policy, 39, 195–214. ——— (2007), “Housing and Monetary Policy,” in Housing, Housing Finance, and Monetary Policy, proceedings of Federal Reserve Bank of Kansas City Symposium, Jackson Hole, WY, 463–476. ——— (2012), “Monetary Policy Rules Work and Discretion Doesn’t: A Tale of Two Eras,” Journal of Money, Credit and Banking, 44, 1017–1031. ——— (2013), “International Monetary Coordination and the Great Deviation,” Journal of Policy Modeling, 35, 463–472. Wilde, Wolfram (2012), “The Influence of Taylor Rule Deviations on the Real Exchange Rate,” International Review of Economics and Finance, 24, 51–61. | |
dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/2378 | - |
dc.description.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。 | zh_TW |
dc.description.abstract | 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. | en |
dc.description.provenance | Made available in DSpace on 2021-05-13T06:39:35Z (GMT). No. of bitstreams: 1 ntu-106-P00323025-1.pdf: 1015876 bytes, checksum: 12fa7d20eba5f4ce9136822158759b0a (MD5) Previous issue date: 2017 | en |
dc.description.tableofcontents | 口試委員審定書. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .i
謝詞. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .ii 中文摘要. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .iii 英文摘要. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .iv 1 緒論. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 2 研究方法 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4 2.1 模型. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4 2.1.1 家計單位. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4 2.1.2 廠商. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 2.1.3 價格僵固及工資僵固. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 2.1.4 貨幣當局. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9 2.1.5 市場結清. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .10 2.1.6 技術成長及趨勢. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 2.2 參數估計. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 2.3 最適利率法則. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 2.4 最適利率法則之偏離. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 3 研究結果. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .17 3.1 模型參數估計結果. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .17 3.2 最適利率法則. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 3.3 最適利率法則之偏離. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 4 結論與建議. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .37 參考文獻. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 附錄 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .40 A DSGE模型參數估計資料來源及轉換方式. . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 A.1 美國. . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .40 A.2 英國. . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .43 A.3 加拿大. . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46 A.4 澳洲. . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .49 A.5 紐西蘭. . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51 B 各國DSGE模型參數事後分配估計結果. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54 B.1 美國. . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .54 B.2 英國. . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .56 B.3 加拿大. . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58 B. 4 澳洲. . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .60 B.5 紐西蘭. . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 62 | |
dc.language.iso | zh-TW | |
dc.title | 政治與泰勒法則之偏離 | zh_TW |
dc.title | Politics and Taylor Rule Deviations | en |
dc.type | Thesis | |
dc.date.schoolyear | 105-2 | |
dc.description.degree | 碩士 | |
dc.contributor.oralexamcommittee | 張勝凱,周有熙 | |
dc.subject.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, | zh_TW |
dc.subject.keyword | Monetary Policy,Taylor Rule,Optimal Interest Rate Rule,DSGE model,Welfare Analysis, | en |
dc.relation.page | 63 | |
dc.identifier.doi | 10.6342/NTU201702681 | |
dc.rights.note | 同意授權(全球公開) | |
dc.date.accepted | 2017-08-09 | |
dc.contributor.author-college | 社會科學院 | zh_TW |
dc.contributor.author-dept | 經濟學研究所 | zh_TW |
顯示於系所單位: | 經濟學系 |
文件中的檔案:
檔案 | 大小 | 格式 | |
---|---|---|---|
ntu-106-1.pdf | 992.07 kB | Adobe PDF | 檢視/開啟 |
系統中的文件,除了特別指名其著作權條款之外,均受到著作權保護,並且保留所有的權利。