The relationship between macroeconomic variables and loans of SMEs

碩士 === 國立高雄第一科技大學 === 金融研究所 === 101 === This paper study, from January 2003 to January 2013 the overall economic the money supply, the industrial production index, the consumer price index, the unemployment rate, TAIEX index variables and the loans of SMEs the correlation between money supply, unemp...

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Bibliographic Details
Main Authors: Yueh-Yun Lin, 林月雲
Other Authors: Yu-Shan Wang
Format: Others
Language:zh-TW
Published: 2013
Online Access:http://ndltd.ncl.edu.tw/handle/66218003992380961783
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Summary:碩士 === 國立高雄第一科技大學 === 金融研究所 === 101 === This paper study, from January 2003 to January 2013 the overall economic the money supply, the industrial production index, the consumer price index, the unemployment rate, TAIEX index variables and the loans of SMEs the correlation between money supply, unemployment rate has a one-way leading relationship with the loans of SMEs. The forecast error variance decomposition results suggest that it is better to use the unemployment rate to explain the current loans of SMEs changing effects. By the impulse response analysis shows loans of SMEs and Industrial production index, Taiwan Capitalization Weighted Stock Index for the forward reaction and for the money supply, consumer price index and the unemployment rate was negative response.