The role of monetary policy in macroeconomic volatility of association of Southeast Asian nations-4 countries against oil price shock over time
This paper examines the impact of oil price, as a cause of economic crisis, and monetary policy through the four known channels of monetary transmission mechanism (interest rate, exchange rate, domestic credit, and stock price). Using a structural vector autoregression model based on monthly data fr...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
EconJournals
2015
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| Online Access: | http://psasir.upm.edu.my/id/eprint/46691/1/The%20role%20of%20monetary%20policy%20in%20macroeconomic%20volatility%20of%20association%20of%20Southeast%20Asian%20nations-4%20countries%20against%20oil%20price%20shock%20over%20time.pdf |