Bank lending and monetary policy: the effects of structural shift in interest rates
This paper provides evidence to show that the interest rate regime adopted by the monetary authority plays an important role in determining the effectiveness of the transmission mechanism of monetary policy via bank lending channel using Malaysian data. As part of the strategy to deal with the recen...
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Main Authors: | Goh, K.L., Yong, S.L. |
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Format: | Article |
Published: |
Economics Bulletin
2007
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Subjects: | |
Online Access: | http://eprints.um.edu.my/12389/ http://www.accessecon.com/pubs/EB/2007/Volume5/EB-06E50008A.pdf |
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