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Efficacy of Monetary Transmission Mechanism: Experiences in the SEACEN Countries

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  • Dr. Ouk-Heon Song
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    Abstract

    The main objective of the project is to analyse and assess the efficacy of the monetary transmission mechanism (MTM) in the SEACEN countries, in the light of financial liberalisation, globalisation and changing monetary and exchange rate regime in some SEACEN countries. It covers MTM and related issues such as recent changes in the objectives and targeting regime of monetary policy, empirical evidence of impact of monetary policy on prices and economic activities, recent changes in the exchange rate regime and capital mobility, and effectiveness of the various MTM based on the latest empirical findings of the respective countries.

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    File URL: http://www.seacen.org/GUI/pdf/publications/research_proj/2003/rp51.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 rp51 and published in 2003.

    ISBN: 983-9478-33-8
    Handle: RePEc:sea:rstudy:rp51

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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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