Cheng-chung Lai National Tsing Hua University, Taiwan   Department of Economics National Tsing Hua University Hsinchu, 30013 Taiwan   lai@mx.nthu.edu.tw   http://www.econ.nthu.edu.tw/people/bio.php?PID=21           JEL Areas: E5 : Monetary Policy, Central Banking, and the Supply of Money and Credit: General N1 : Economic History: Macroeconomics and Monetary Economics; Growth and Fluctuations: General, International, or Comparative