Money-income and credit-income relationships during the pre- and the post-liberalization periods: evidence from Malaysia
Using the Bernanke's contemporaneous structural VAR, this paper investigates the role of money and credit in the monetary transmission mechanism during the pre- and post-liberalization periods in Malaysia. During the pre-liberalization period where credit and interest rates were regulated, the...
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| Format: | Article |
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Taylor and Francis Group
1999
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| Online Access: | http://psasir.upm.edu.my/id/eprint/112941/ |