English  |  正體中文  |  简体中文  |  Post-Print筆數 : 27 |  Items with full text/Total items : 95906/126496 (76%)
Visitors : 31661169      Online Users : 450
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
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/112056

    Title: Tariff-tax reform and exchange rate dynamics in a monetary economy
    Authors: Chao, Chi-Chur;Hu, Shih-Wen;Lai, Ching-Chong;Tai, Meng-Yi;Wang, Vey
    Contributors: 經濟系
    Keywords: Mis-jump;Policy announcement;Tariff-tax reform
    Date: 2013-01
    Issue Date: 2017-08-21 16:50:39 (UTC+8)
    Abstract: Using a dynamic monetary model, this paper analyzes the short- and long-run impacts of a tariff-tax reform on the economy, with attention being paid to short-run fluctuations in exchange rates. When a policy reform is announced and if the public believe that it will decrease excess demand, the domestic currency depreciates now to reflect its future depreciation. On the contrary, the domestic currency immediately appreciates if the public believe that it will increase excess demand. However, if there is a relatively small increase in excess demand, the public may mis-react in the exchange rate market by observing currency depreciation first and then appreciation toward the steady-state rate.
    Relation: The North American Journal of Economics and Finance,Volume 24, Pages 63-73
    Data Type: article
    DOI 連結: https://doi.org/10.1016/j.najef.2012.07.004
    DOI: 10.1016/j.najef.2012.07.004
    Appears in Collections:[經濟學系] 會議論文

    Files in This Item:

    File Description SizeFormat
    6373.pdf372KbAdobe PDF249View/Open

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

    社群 sharing

    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback