The Analysis of Panic index on Taiwan’s Money Demand Function during 2008 US Financial Crisis and 2011 European Debt Crisis

碩士 === 銘傳大學 === 風險管理與保險學系碩士班 === 102 === Taiwan is a small open economy. The 2008 US Financial Crisis and 2011 European Debt Crisis had affected world economy and financial situations, which might have also some significant impacts on Taiwan. Shou-Hsiang Liu and Jo-Tzu Yu(2012), in “The discussion o...

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Bibliographic Details
Main Authors: Chia-Chen Lee, 李佳真
Other Authors: Shou-Hsiang Liu
Format: Others
Language:zh-TW
Published: 2014
Online Access:http://ndltd.ncl.edu.tw/handle/92858678570027719128
Description
Summary:碩士 === 銘傳大學 === 風險管理與保險學系碩士班 === 102 === Taiwan is a small open economy. The 2008 US Financial Crisis and 2011 European Debt Crisis had affected world economy and financial situations, which might have also some significant impacts on Taiwan. Shou-Hsiang Liu and Jo-Tzu Yu(2012), in “The discussion of the effect on Taiwan’s money demand function caused by European debt crisis,” only study the effect of panic index on Taiwan’s money demand function during European debt crisis. It did not study the effect of panic index on Taiwan’s money function during 2008 US Financial Crisis. To improve our understanding on Taiwan’s money demand, this paper we will use panic index to analyze their effects on these periods.