Monetary policy rules in Malaysia, Singapore and Thailand

• 主要な著者: Tan, Chai Thing, Mohamed, Azali
• フォーマット: 論文
• 言語: English
• 出版事項: Bank Indonesia Institute 2020
• オンライン･アクセス: http://psasir.upm.edu.my/id/eprint/86824/1/Monetary%20policy%20rules%20in%20Malaysia%2C%20Singapore%20.pdf; http://psasir.upm.edu.my/id/eprint/86824/; https://www.bmeb-bi.org/index.php/BEMP/article/view/1112

This paper investigates whether monetary policies in Malaysia, Thailand and Singapore are best represented by either the Taylor rule or the augmented Taylor rule. It finds that the augmented Taylor rule, which incorporates the exchange rate and government spending, best represents monetary policies...