The Influences of U.S.A. Quantitative Easing on Taiwan Stock Market
| Autor: | Yi-Chou Tsai, 蔡宜洲 |
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| Rok vydání: | 2015 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 103 Federal Reserve System announces three rounds of quantitative easing monetary policy after subprime crisis. This research uses event study to investigate the effect of quantitative easing on Taiwan stock market. Moreover, this study examines quantitative easing effect on electronic industry, steel industry, shipping, textile, food, financial and car industries. The empirical results show that QE2 and QE3 announcements have negative effects on Taiwan stock market. QE has the biggest effect on electronic industry. Financial, food and shipping industry have subsequent effect. The textile and plastic industry have the smallest effect on Taiwan stock market. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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