The Interest Rate Pass-Through in Malaysia: An Analysis on Asymmetric Adjustment

• Main Authors: Tang, Maggie May-Jean, Puah, Chin Hong, Liew, Venus Khim-Sen
• Format: E-Article
• Language: English
• Published: Universiti Putra Malaysia 2015
• Subjects: H Social Sciences (General)
• Online Access: http://ir.unimas.my/id/eprint/18008/1/The%20Interest%20Rate%20Pass-Through%20in%20Malaysia%20%28abstract%29.pdf; http://ir.unimas.my/id/eprint/18008/; http://www.econ.upm.edu.my/ijem

The interest rate channel is the primary and most important mechanism for policymakers. Knowledge of the pass-through of interest rates has allowed policymakers to draw conclusions on how fast and to what extent a shock in policy rates are transmitted to retail rates. This paper investigates the...