政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/24529
English  |  正體中文  |  简体中文  |  Post-Print筆數 : 27 |  全文筆數/總筆數 : 113318/144297 (79%)
造訪人次 : 51048367      線上人數 : 900
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
搜尋範圍 查詢小技巧：
  • 您可在西文檢索詞彙前後加上"雙引號"，以獲取較精準的檢索結果
  • 若欲以作者姓名搜尋，建議至進階搜尋限定作者欄位，可獲得較完整資料
    •  進階搜尋
    政大機構典藏 > 商學院 > 會計學系 > 期刊論文 >  Item 140.119/24529


    請使用永久網址來引用或連結此文件: https://nccur.lib.nccu.edu.tw/handle/140.119/24529


    題名: 實質利率與通貨膨脹率的結構改變研究－亞洲國家的實證
    其他題名: Structural Breaks in the Real Interest Rate and Inflation: Evidence from Asian Countries
    作者: 李建強;李起銓;蕭人維
    Lee, Chien-Chiang;Lee, Chi-Chuan;Hsiao, Jen-Wei
    貢獻者: 金融系
    關鍵詞: 實質利率;通貨膨脹率;結構改變;亞洲國家
    Real interest rate;Inflation rate;Structure breaks;Asian countries
    日期: 2008.09
    上傳時間: 2009-01-13 15:33:09 (UTC+8)
    摘要: 本文採用Bai and Perron (1998)多重結構改變模型探討亞洲8個國家的實質利率與通貨膨脹率結構改變現象。實證結果發現：首先，導致實質利率與通貨膨賬率發生結構改變的因素包括各國財政政策、貨幣政策及金融制度的改變和外在事件的衝擊。其次，在已知重大事件，如1980年第二次石油危機，在亞洲8個國家中，實質利率皆被檢測出有結構改變。另外，秦國在1985年實行擴張性貨幣政策，使實質利率與通貨膨賬率呈現反向變動之結構改變，此與Rapach and Wohar (2005)結論相同，但反應之時點卻不一致，而其他國家的結構改變時間點與變動方向則完全不同。最後，亞洲國家的實質利率在1997-2000年間均發生結構改變，可歸因於1997年東南亞金融風暴。
    This paper examines the structural breaks in the real interest rate and inflation rate for the Asian countries with multiple structural breaks model provided by Bai and Perron (1998). From the empirical results, first, the regime changes in the interest rate and inflation rate are primarily due to the change in fiscal policy, monetary policy, financial mechanism and exogenous shocks. Second, some important events which are known, the Bai and Perron (1998) methodology identified breaks for the real interest rate in eight Asian countries. In addition, the regime shifts that increase (decrease) the inflation rate always correspond to regime shifts that decrease (increase) the real interest rate. This was caused by Thailand which has instituted relaxation of monetary policy in 1985. This result is the same as Rapach and Wohar (2005), but the timing of the breaks is not consistent. In contrasts to Thailand, other countries have the different break points and the directions of changes. Finally, the real interest rate of Asian countries in 1997-2000 which had structure breaks was caused by the Asian Financial Crisis in 1997.
    關聯: 中國統計學報, 46(3), 213-243
    資料類型: article
    顯示於類別:[會計學系] 期刊論文

    文件中的檔案:

    檔案 描述 大小格式瀏覽次數
    213243.pdf551KbAdobe PDF2837檢視/開啟


    在政大典藏中所有的資料項目都受到原著作權保護.


    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 ©   - 回饋