Low interest rate regime and the transmission of monetary policy through the lending channel in Malaysia: evidence from bank-level data
Monetary policy in Malaysia has been designed to be accommodative and supportive of economic growth with balancing the risk of inflation. As the cost of borrowing remains low, the transmission of monetary policy through the traditional interest rate channel might be diminished. Moreover, the infl...
Main Authors: | , |
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Format: | Conference or Workshop Item |
Language: | English |
Published: |
2013
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Subjects: | |
Online Access: | http://irep.iium.edu.my/42726/ http://irep.iium.edu.my/42726/1/low_interest_rate_regime_-_salina.pdf |