The Effect of Monetary Policy and Fiscal Policy on the Price Level

碩士 === 淡江大學 === 財務金融學系碩士在職專班 === 98 === The aim of this research is to investigate the dynamic relationship among money supply, government spending and inflation rate. The empirical finding is that the increment of money supply by the expansionary monetary policy will drag up the inflation rate, whe...

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Main Authors: Chun-Hao Chao, 趙俊豪
Other Authors: Chieh-Chung Nieh
Format: Others
Language:zh-TW
Published: 2010
Online Access:http://ndltd.ncl.edu.tw/handle/93706039648502898032
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spelling ndltd-TW-098TKU052140112015-10-13T13:40:01Z http://ndltd.ncl.edu.tw/handle/93706039648502898032 The Effect of Monetary Policy and Fiscal Policy on the Price Level 貨幣政策與財政政策對物價的影響 Chun-Hao Chao 趙俊豪 碩士 淡江大學 財務金融學系碩士在職專班 98 The aim of this research is to investigate the dynamic relationship among money supply, government spending and inflation rate. The empirical finding is that the increment of money supply by the expansionary monetary policy will drag up the inflation rate, whereas the expansionary fiscal policy keeps the aggregate price in a comparative stable level. Therefore, this research concludes that when the government decides to implement the expansionary policy in order to increase the GDP, it should adopt fiscal policy rather than monetary policy to avoid the financial crisis caused by the hyperinflation. Chieh-Chung Nieh 聶建中 2010 學位論文 ; thesis 33 zh-TW
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description 碩士 === 淡江大學 === 財務金融學系碩士在職專班 === 98 === The aim of this research is to investigate the dynamic relationship among money supply, government spending and inflation rate. The empirical finding is that the increment of money supply by the expansionary monetary policy will drag up the inflation rate, whereas the expansionary fiscal policy keeps the aggregate price in a comparative stable level. Therefore, this research concludes that when the government decides to implement the expansionary policy in order to increase the GDP, it should adopt fiscal policy rather than monetary policy to avoid the financial crisis caused by the hyperinflation.
author2 Chieh-Chung Nieh
author_facet Chieh-Chung Nieh
Chun-Hao Chao
趙俊豪
author Chun-Hao Chao
趙俊豪
spellingShingle Chun-Hao Chao
趙俊豪
The Effect of Monetary Policy and Fiscal Policy on the Price Level
author_sort Chun-Hao Chao
title The Effect of Monetary Policy and Fiscal Policy on the Price Level
title_short The Effect of Monetary Policy and Fiscal Policy on the Price Level
title_full The Effect of Monetary Policy and Fiscal Policy on the Price Level
title_fullStr The Effect of Monetary Policy and Fiscal Policy on the Price Level
title_full_unstemmed The Effect of Monetary Policy and Fiscal Policy on the Price Level
title_sort effect of monetary policy and fiscal policy on the price level
publishDate 2010
url http://ndltd.ncl.edu.tw/handle/93706039648502898032
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