A Study on the Correlation between the Interest Rate, Exchange Rate, Unemployment Rate, Inflation and Monetary Policy of Taiwan

• Main Authors: GUO, RUEI-JEN, 郭瑞珍
• Other Authors: CHANG CHIEN, YU-CHING
• Format: Others
• Language: zh-TW
• Published: 2018
• Online Access: http://ndltd.ncl.edu.tw/handle/aca26b

碩士 === 康寧大學 === 企業管理研究所 === 106 === The purpose of this study is to find out the correlation between interest rate, exchange rate, unemployment rate, inflation and monetary policy based on the currency policy of Taiwan. There already were many studies on this issue in the past, but studies on the connections between monetary policy and the four rates mentioned above are not many and this study should be able to, in theory, make up the past insufficiency. The monetary policy of the Central Bank of the Republic of China (Taiwan) is closely related to the economic life of people in Taiwan and all individuals and business entities pay attention to the monetary policy to adopt appropriate responses. It is, therefore, important for people to understand Taiwan’s monetary policy and its effects on economy. In this study, literature analysis is adopted as the main approach to find out solutions to these issues. For literature analysis is an effective and economic method to collect and analyze information. When other factors are not changed, the main outcome of the research shows that the money supply of the monetary policy is in adverse correlation with interest rate, exchange rate and unemployment rate but is in positive correlation with inflation rate.