By treating exchange rate, Taiwan's gold price and world's gold price as endogenous variables and treating other variables which affecting exchange rate, Taiwan's gold price and world gold price as exogenous variables, the paper constructs simultaneous eq
By treating exchange rate, Taiwan's gold price and world's gold price as endogenous variables and treating other variables which affecting exchange rate, Taiwan's gold price and world gold price as exogenous variables, the paper constructs simultaneous eq
在联立方程式方面，本文之实证乃是以美元汇率、台湾黄金价格与世界黄金价格作为内生变数，并以影响此三个内生变数之相关经济因素做外生变数，然后建立联立方程式模型，以探讨黄金市场与外汇市场之互动关系。