English  |  正體中文  |  简体中文  |  Post-Print筆數 : 27 |  Items with full text/Total items : 109948/140897 (78%)
Visitors : 46080968      Online Users : 1131
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
    •  Adv. Search
    Home ‧ Login ‧ Upload ‧ Help ‧ About ‧ Administer Goto mobile version


    Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/100187


    Title: 投機攻擊與貨幣危機
    Other Titles: Speculative Attacks and Currency Crises
    Authors: 金志婷
    Chin, Chi-Ting
    Keywords: 投機攻擊;貨幣危機;訊息事件;透明化政策
    Speculative attacks;Currency crises;Information event;Transparent policy
    Date: 2010-04
    Issue Date: 2016-08-16 13:31:35 (UTC+8)
    Abstract: 本文利用Flood and Marion （1999）所發展的跨代貨幣危機模型分析投機客攻擊貨幣的行為，主要的貢獻可分為兩個層次：第一、本文將不同時期的貨幣危機模型做一個串連；第二、我們重新檢視透明化政策所延伸的問題。首先，我們可以解釋第一代的貨幣危機中，投機炒作促成匯率制度提前崩潰的過程。其次，在第二代的貨幣危機中，預期所引發的投機炒作促成了貨幣危機。接著，我們可以在全域賽局的架構下，證明：訊息事件所帶動的投機炒作為導致貨幣危機的關鍵。最後，我們重新檢視透明化政策所延伸的問題後發現：透明化政策並非一定可以減低貨幣危機發生的機率；此外，唯有期初的國內信用值為適量的情況下，政府才可能透過採行透明化措施減低投機炒作。
    This paper extends the cross-generation currency crises model, which is developed by Flood and Marion (1999), to analyze speculative attacks. There are two main purposes in this paper. One is to explain how speculative attacks can trigger off currency crises in various generations currency crises models. Another main purpose is to obtain when a govermment have to adopt a transparent policy. Several main findings emerge from the analysis. Firstly,a fixed exchange rate must break down at some point in time and speculators ought to attack the currency at that time under the conditions of first-generation currency crises model. Secondly, expectation can be a trigger for a speculative attack under the conditions of second-generation currency crises model. Thirdly,an ijformation event can precipitate a currency crisis in the currency crises model with noisy signal. Finally, increased transparency does not necessarily reduce the likelihood of speculative attacks, and a government prevents a currency crisis by adopting a transparent policy when the fundamental locates within a specific range.
    Relation: 社會科學論叢, 4(1), 103-135
    Journal of Social Sciences
    Data Type: article
    Appears in Collections:[社會科學論叢] 期刊論文

    Files in This Item:

    File Description SizeFormat
    4(1)-103-135.pdf6768KbAdobe PDF2330View/Open


    All items in 政大典藏 are protected by copyright, with all rights reserved.


    社群 sharing

    著作權政策宣告 Copyright Announcement
    1.本網站之數位內容為國立政治大學所收錄之機構典藏，無償提供學術研究與公眾教育等公益性使用，惟仍請適度，合理使用本網站之內容，以尊重著作權人之權益。商業上之利用，則請先取得著作權人之授權。
    The digital content of this website is part of National Chengchi University Institutional Repository. It provides free access to academic research and public education for non-commercial use. Please utilize it in a proper and reasonable manner and respect the rights of copyright owners. For commercial use, please obtain authorization from the copyright owner in advance.

    2.本網站之製作，已盡力防止侵害著作權人之權益，如仍發現本網站之數位內容有侵害著作權人權益情事者，請權利人通知本網站維護人員(nccur@nccu.edu.tw)，維護人員將立即採取移除該數位著作等補救措施。
    NCCU Institutional Repository is made to protect the interests of copyright owners. If you believe that any material on the website infringes copyright, please contact our staff(nccur@nccu.edu.tw). We will remove the work from the repository and investigate your claim.
    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback