Monetary policy transmission through the bank-financing channel in Malaysia: Evidence from bank-level data

This study analyses the role of Islamic banks in transmitting monetary policy through the bank-financing channel in Malaysia. Bank size, liquidity and capitalization levels are hypothesized to be sources of cross-sectional differences among banks. If relevant, this implies that the financing channel...

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Main Authors:	Asbeig, Hussam I., Kassim, Salina
Format:	Article
Language:	English English
Published:	Statistical Economic and Social Research and Training Centre for Islamic Countries 2014
Subjects:	HB Economic Theory HC Economic History and Conditions
Online Access:	http://irep.iium.edu.my/58467/ http://irep.iium.edu.my/58467/ http://irep.iium.edu.my/58467/1/58467_Monetary%20policy%20transmission_article_new.pdf http://irep.iium.edu.my/58467/2/58467_Monetary%20policy%20transmission_scopus.pdf

id	iium-58467
recordtype	eprints
spelling	iium-584672017-09-21T08:51:56Z http://irep.iium.edu.my/58467/ Monetary policy transmission through the bank-financing channel in Malaysia: Evidence from bank-level data Asbeig, Hussam I. Kassim, Salina HB Economic Theory HC Economic History and Conditions This study analyses the role of Islamic banks in transmitting monetary policy through the bank-financing channel in Malaysia. Bank size, liquidity and capitalization levels are hypothesized to be sources of cross-sectional differences among banks. If relevant, this implies that the financing channel is operational through the Islamic banks. We evaluate a sample period from 2000 to 2011, using panel data with robust standard errors, to investigate the heterogeneity of the financing supply in response to monetary policy shocks. The results show no significant differences across banks, based on size, capitalization and liquidity levels, and thus do not support the presence of a bank-financing channel in Malaysia. The study contributes a deeper understanding of the role of Islamic banks in the monetary policy transmission mechanism in Malaysia Statistical Economic and Social Research and Training Centre for Islamic Countries 2014 Article PeerReviewed application/pdf en http://irep.iium.edu.my/58467/1/58467_Monetary%20policy%20transmission_article_new.pdf application/pdf en http://irep.iium.edu.my/58467/2/58467_Monetary%20policy%20transmission_scopus.pdf Asbeig, Hussam I. and Kassim, Salina (2014) Monetary policy transmission through the bank-financing channel in Malaysia: Evidence from bank-level data. Journal of Economic Cooperation and Development, 35 (2). pp. 121-136. ISSN 1308-7800 http://www.sesric.org/pdf.php?file=ART13090101-2.pdf
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	HB Economic Theory HC Economic History and Conditions
spellingShingle	HB Economic Theory HC Economic History and Conditions Asbeig, Hussam I. Kassim, Salina Monetary policy transmission through the bank-financing channel in Malaysia: Evidence from bank-level data
description	This study analyses the role of Islamic banks in transmitting monetary policy through the bank-financing channel in Malaysia. Bank size, liquidity and capitalization levels are hypothesized to be sources of cross-sectional differences among banks. If relevant, this implies that the financing channel is operational through the Islamic banks. We evaluate a sample period from 2000 to 2011, using panel data with robust standard errors, to investigate the heterogeneity of the financing supply in response to monetary policy shocks. The results show no significant differences across banks, based on size, capitalization and liquidity levels, and thus do not support the presence of a bank-financing channel in Malaysia. The study contributes a deeper understanding of the role of Islamic banks in the monetary policy transmission mechanism in Malaysia
format	Article
author	Asbeig, Hussam I. Kassim, Salina
author_facet	Asbeig, Hussam I. Kassim, Salina
author_sort	Asbeig, Hussam I.
title	Monetary policy transmission through the bank-financing channel in Malaysia: Evidence from bank-level data
title_short	Monetary policy transmission through the bank-financing channel in Malaysia: Evidence from bank-level data
title_full	Monetary policy transmission through the bank-financing channel in Malaysia: Evidence from bank-level data
title_fullStr	Monetary policy transmission through the bank-financing channel in Malaysia: Evidence from bank-level data
title_full_unstemmed	Monetary policy transmission through the bank-financing channel in Malaysia: Evidence from bank-level data
title_sort	monetary policy transmission through the bank-financing channel in malaysia: evidence from bank-level data
publisher	Statistical Economic and Social Research and Training Centre for Islamic Countries
publishDate	2014
url	http://irep.iium.edu.my/58467/ http://irep.iium.edu.my/58467/ http://irep.iium.edu.my/58467/1/58467_Monetary%20policy%20transmission_article_new.pdf http://irep.iium.edu.my/58467/2/58467_Monetary%20policy%20transmission_scopus.pdf
first_indexed	2023-09-18T21:22:41Z
last_indexed	2023-09-18T21:22:41Z
_version_	1777411986603114496

Monetary policy transmission through the bank-financing channel in Malaysia: Evidence from bank-level data

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