Bank lending channel of monetary policy : dynamic panel data study of Malaysia
This paper aims to investigate the relevance of bank-lending channel (BLC) of monetary policy in a small-open economy, i.e. Malaysia by using disaggregated bank-level data. A dynamic panel data method namely generalized method of moments (GMM) procedure has been used in estimating the dynamic of ban...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Routledge
2011
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| Online Access: | http://psasir.upm.edu.my/id/eprint/22750/1/Bank%20lending%20channel%20of%20monetary%20policy.pdf |