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Financial Reforms and Transmission Mechanism of Monetary Policy in The SEACEN Countries

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  • Mulyana Soekarni
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    Abstract

    This study examines the information content of traditional monetary tools in revealing future movements of output and prices, based on information and data obtained from the member central banks as well as in-house database and using the Vector Auto Regression (VAR) approach. It is found that even if these tools could no longer serve individually as a single policy indicator, they remain useful at least as leading indicators in the formulation of monetary policy.

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    File URL: http://www.seacen.org/GUI/pdf/publications/research_proj/1995/rp30.pdf
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    Bibliographic Info

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    This book is provided by South East Asian Central Banks (SEACEN) Research and Training Centre in its series Research Studies with number rp30 and published in 1995.

    ISBN: 983-9553-43-7
    Handle: RePEc:sea:rstudy:rp30

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    Postal: Level 5, Sasana Kijang, Bank Negara Malaysia, 2 Jalan Dato? Onn, 50480 Kuala Lumpur
    Phone: 603-9195 1888
    Fax: 603-9195 1801
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    Web page: http://edirc.repec.org/data/seacemy.html
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