Monetary policy effectiveness and stock market cycles in ASEAN-5

This article examines the asymmetric effects of monetary policy on real output in bull and bear phases of stock market in five ASEAN economies (Malaysia, Singapore, Indonesia, the Philippines and Thailand) using the recently developed pooled mean group (PMG) technique. Stock market cycles are identi...

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Bibliographic Details
Main Authors: Zare, Roohollah, Mohamed, Azali, Habibullah, Muzafar Shah, Wan Ngah, Wan Azman Saini
Format: Article
Language:English
Published: Routledge 2014
Online Access:http://psasir.upm.edu.my/id/eprint/34592/1/Monetary%20policy%20effectiveness%20and%20stock%20market%20cycles%20in%20ASEAN-5.pdf
http://psasir.upm.edu.my/id/eprint/34592/
http://www.tandfonline.com/doi/abs/10.1080/00036846.2014.899673
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