Monetary Policy and The Asymmetric Behaviour of Job Creation and Destruction
學年 99
學期 1
出版(發表)日期 2010-08-01
作品名稱 Monetary Policy and The Asymmetric Behaviour of Job Creation and Destruction
作品名稱(其他語言)
著者 Liu, De-Chih
單位 淡江大學產業經濟學系
出版者 Abingdon: Routledge
著錄名稱、卷期、頁數 Applied Economics Letters 17(8), pp.773-780
摘要 This article explores whether monetary policy can account for the asymmetric job creation and job destruction behaviour in the Taiwanese manufacturing and service sectors during the period 1987 to 2003. This article finds evidence for positive steepness in the job destruction rate in the manufacturing sector and negative steepness in the job creation rate in the service sector. This article also finds that the monetary policy (discount rate) can help to explain the asymmetric job creation and job destruction behaviour. Importantly, this article finds that monetary policy stimulated job flow behaviour to a better regime. This evidence suggests that monetary policy may be an efficient instrument in stimulating the labour market in Taiwan.
關鍵字 GEOBASE Subject Index: employment;labor market;manufacturing;monetary policy;service sector
語言 en
ISSN 1350-5851
期刊性質 國外
收錄於 SSCI
產學合作
通訊作者 Liu, De-Chih
審稿制度
國別 GBR
公開徵稿
出版型式 紙本
相關連結

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