Roles of housing wealth and financial wealth in monetary transmission mechanism in Malaysia

• Main Authors: Cheah, Siew Pong, Law, Siong Hook
• Format: Article
• Language: English
• Published: Penerbit Universiti Kebangsaan Malaysia 2017
• Online Access: http://psasir.upm.edu.my/id/eprint/57086/1/Roles%20of%20housing%20wealth%20and%20financial%20wealth%20in%20monetary%20transmission%20mechanism%20in%20Malaysia.pdf; http://psasir.upm.edu.my/id/eprint/57086/; http://www.ukm.my/fep/jem/content/2017.html

This study analyses the wealth channel of the monetary policy transmission mechanism in Malaysia. Given the underdevelopment and non-inclusion of housing wealth in previous literature regarding the wealth channel in Malaysia, this research aims to find out (1) whether monetary policy shocks signific...