Bank lending channel for monetary policy transmission in Malaysia: An ARDL approach
The relevance of bank lending channel for the transmission process of monetary policy in Malaysia is investigated using the autoregressive-distributed lag (ARDL) model. The newly developed bounds test (Pesaran, et al. 2001) is employed to determine the specification of this model. Deposits tend to...
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| Format: | Article |
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Euro-American Association of Economic Development Studies
2007
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