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題名:臺灣匯率貶值政策之探討
書刊名:經濟論文叢刊
作者:陳旭昇
作者(外文):Chen, Shiu-sheng
出版日期:2019
卷期:47:1
頁次:頁41-74
主題關鍵詞:中央銀行匯率貶值政策Central bankExchange rate undervaluation policy
原始連結:連回原系統網址new window
相關次數:
  • 被引用次數被引用次數:期刊(1) 博士論文(0) 專書(0) 專書論文(0)
  • 排除自我引用排除自我引用:0
  • 共同引用共同引用:71
  • 點閱點閱:3
本文檢視台灣中央銀行自1998-2010年間的匯率貶值政策,目的在於釐清台灣央行是否執行匯率貶值政策,並進一步檢討匯率貶值政策與經濟成長,產業發展,利率政策,房屋價格以及財政收支結構之關係。整體而言,我們說明了台灣央行自1998-2010年間的匯率貶值政策對於台灣經濟可能造成諸多的負面影響。我們建議,央行的貨幣政策必須改弦易張,揚棄匯率貶值政策,並且應減少外匯市場干預與增加匯率政策的透明度與可究責性。
This paper investigates the exchange rate undervaluation policy in Taiwan since 1998. We examine how currency undervaluation affects economic growth, industrial upgrading, monetary policy, house prices, and fiscal structure. Overall, we argue that the undervaluation policy adopted by the Central Bank of Taiwan has several negative impacts on Taiwan's economy. It is suggested that the Central Bank of Taiwan should discard the undervaluation policy. The authorities should move towards a more fully market-determined exchange rate, reduce foreign exchange interventions, and increase the transparency and accountability of exchange rate policy.
期刊論文
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學位論文
1.劉彥汝(2012)。繳庫盈餘與央行的貨幣及匯率政策(碩士論文)。國立臺灣大學。  延伸查詢new window
圖書
1.Bergsten, C. Fred、Gagnon, Joseph E.(2012)。Currency Manipulation, the US Economy, and the Global Economic Order。Waishington:Peterson Institute for International Economics。  new window
其他
1.Woodford, Michael(2009)。Is an undervalued currency the key to economic growth?,Columbia University。  new window
圖書論文
1.Bernanke, Ben S.(2011)。Rebalancing the Global Recovery。Approaches to Monetary Policy Revisited: Lessons from the Crisis。Frankfurt:European Central Bank。  new window
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