Monetary policy effectiveness and stock market cycles in ASEAN-5

• المؤلفون الرئيسيون: Zare, Roohollah, Mohamed, Azali, Habibullah, Muzafar Shah, Wan Ngah, Wan Azman Saini
• التنسيق: مقال
• اللغة: English
• منشور في: Routledge 2014
• الوصول للمادة أونلاين: 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

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...