Interactions between Asset Prices and Monetary Policy in Taiwan: A Structural VAR Model
Chun- Chang Lee, Chih- Min Liang, Wen- Hui Wu & Shu- Man You · Journal of Economics, Management and Trade · 2013
Aims: This paper analyzes the role of house prices in monetary policy transmission mechanisms in Taiwan using structural VAR (SVAR). The discussion of the role of asset prices in the monetary policy transmission mechanism can help us determine the effectiveness of monetary policy...
Open access
Research Article
10.9734/BJEMT/2013/4835