Central Bank Independence and Monetary Policy in Taiwan

碩士 === 國立暨南國際大學 === 經濟學系 === 85 === The problem of central bank independence has caused interest during therecent years.This thesis mainly explores the relationship between centralbank independence and inflation, financial deficit,as well as the exchange...

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Bibliographic Details
Main Authors: Chen, Char-Hwae, 陳佳慧
Other Authors: Hsu Chen-Min
Format: Others
Language:zh-TW
Published: 1997
Online Access:http://ndltd.ncl.edu.tw/handle/f7b3n9
Description
Summary:碩士 === 國立暨南國際大學 === 經濟學系 === 85 === The problem of central bank independence has caused interest during therecent years.This thesis mainly explores the relationship between centralbank independence and inflation, financial deficit,as well as the exchange rate.The impacts of the increase in the degree of central bank independenceon inflation in twenty-three countries have been explored. Moreover,I willtry to investigate how inflation affects income distribution and economicgrowth in Taiwan.Through this study,we can find the importance of centralbank independence to us. Besides,this thesis a lso attempts to establish indexes to measure the degree of central bank independence,and to use these indexes to explain to measure the degree of central bank indecurrent operations of the organization and activities of the Central Bank of China.To accord with current situations,I identify the independence degree of the Central Bank''s actualofficial functions through questionnaires.At present,the questionnaires show that the Central Bank independence index is not high in Taiwan.This may imply that our central bank is not so independent as those in some developed countries,such as USA and Germany.