Given a well-functioning domestic financial system, monetary policy can exert a substantial influence on aggregate demand and thus the price level. However, in the last two to three decades, liberalization of trade, investment and financial transactions have been increasing rapidly resulting in the further integration of global financial markets and the domestic economies. These developments have challenged the effectiveness of the transmission of monetary policy. This study assesses the monetary policy transmission mechanism of the respective SEACEN economies by applying empirical research.
CHAPTER 1: MONETARY POLICY TRANSMISSION IN BRUNEI DARUSSALAM: A STUDY ON THE IMPACT OF EXCHANGE RATE SHOCKS ON BRUNEI’S CPI
By Hanisah Abu Bakar and Idya Ali
CHAPTER 2: EVALUATING MONETARY TRANSMISSION MECHANISM IN INDONESIA USING A STRUCTURAL FAVAR APPROACH
By Linda Nurliana, Rizki Ernadi Wimanda and Redianto Satyanugraha
CHAPTER 3: UNDERSTANDING THE EVOLUTION OF THE MONETARY POLICY TRANSMISSION MECHANISM IN MALAYSIA
By Daniel Khaw and Rubin Sivabalan
CHAPTER 4: MONETARY POLICY TRANSMISSION IN MONGOLIA
By Bayardavaa Bayarsaikhan, Undral Batmunkh and Altan-Ulzii Chuluun
CHAPTER 5: REVISITING THE TRANSMISSION MECHANISMS OF MONETARY POLICY IN THE PHILIPPINES
By Eloisa T. Glindro, Vic K. Delloro, Christofer A. Martin and Joan Christine S. Allon
CHAPTER 6: THE RELEVENCE OF THE BANK LENDING CHANNEL IN SRI LANKA – A STRUCTURAL VECTOR ERROR CORRECTION MODEL APPROACH
By Kanchana Tennekoon
CHAPTER 7: MONETARY TRANSMISSION IN CHINESE TAIPEI
By Chang, Tien-Huei and Chu, Hao-Pang
CHAPTER 8: DETERMINANTS OF MONETARY POLICY TRANSMISSION VIA BANK LENDING CHANNEL IN THAILAND: A THRESHOLD VECTOR AUTOREGRESSION APPROACH
By Kantapon Srichart, Kongphop Wongkaew, Suchanan Chunanantatham and Sukjai Wongwaisiriwat
-
About Us
-
Events
-
Publications
-
About The SEACEN Centre
-
The Centre's Governance
-
Courses
