The wage-unemployment relationship in Taiwan
89 p.
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2014
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| Online Access: | http://hdl.handle.net/10356/57925 |
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sg-ntu-dr.10356-579252023-05-19T03:30:06Z The wage-unemployment relationship in Taiwan Seow Gek Hoon Irene, Tan Leong Meng, Tay Choon Meng Tan Khee Giap Nanyang Business School DRNTU::Business::General::Economic and business aspects 89 p. Based on the Geweke-Sims-Granger (GSG) integrated framework, there exists strong evidence of causation running from real earnings to unemployment in Taiwan. However, evidence of bi-directional causation between real earnings and manufacturing employment were also detected. Lucas - Rapping's inter-temporal substitution theory on unemployment is consistent with the Taiwan's time series facts since real interest rates unidirectionally Weiner-Granger caused unemployment. Unidirectional causation running from prices to manufacturing earnings and unidirectional causation running from money supply to prices imply that inflationary process in Taiwan could be a hybrid of demand-push and cost-push hypothesis. BUSINESS 2014-04-07T11:07:46Z 2014-04-07T11:07:46Z 1997 1997 Final Year Project (FYP) http://hdl.handle.net/10356/57925 Nanyang Technological University application/pdf |
| institution |
Nanyang Technological University |
| building |
NTU Library |
| continent |
Asia |
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Singapore Singapore |
| content_provider |
NTU Library |
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DR-NTU |
| topic |
DRNTU::Business::General::Economic and business aspects |
| spellingShingle |
DRNTU::Business::General::Economic and business aspects Seow Gek Hoon Irene, Tan Leong Meng, Tay Choon Meng The wage-unemployment relationship in Taiwan |
| description |
89 p. |
| author2 |
Tan Khee Giap |
| author_facet |
Tan Khee Giap Seow Gek Hoon Irene, Tan Leong Meng, Tay Choon Meng |
| format |
Final Year Project |
| author |
Seow Gek Hoon Irene, Tan Leong Meng, Tay Choon Meng |
| author_sort |
Seow Gek Hoon Irene, Tan Leong Meng, Tay Choon Meng |
| title |
The wage-unemployment relationship in Taiwan |
| title_short |
The wage-unemployment relationship in Taiwan |
| title_full |
The wage-unemployment relationship in Taiwan |
| title_fullStr |
The wage-unemployment relationship in Taiwan |
| title_full_unstemmed |
The wage-unemployment relationship in Taiwan |
| title_sort |
wage-unemployment relationship in taiwan |
| publishDate |
2014 |
| url |
http://hdl.handle.net/10356/57925 |
| _version_ |
1770564263533871104 |