Domestic Macroeconomic Adjustment to Oil Price Shocks Under Different Exchange Rate Regimes in Malaysia

• Main Authors: Furuoka, Fumitaka, Wong, Hock Tsen, Chong, Hui Ing, Ting, Siew King
• 格式: Article
• 语言: English
• 出版: Universiti Utara Malaysia Press 2007
• 主题: HC Economic History and Conditions
• 在线阅读: https://repo.uum.edu.my/id/eprint/30634/1/MMJ%2011%201%262%202007%201-10.pdf; https://repo.uum.edu.my/id/eprint/30634/; https://e-journal.uum.edu.my/index.php/mmj/article/view/8944

This study examined the insulation properties of flexible exchange rate regime and fixed exchange rate regime in response to the oil price shocks in Malaysia. A monthly time series data for the period 1980- 2005 was used to examine whether the response of output, exchange rate and price levels to th...