An Application Of Augmented Monetary Conditions Index On The ASEAN-Five
Previous studies have suggested Monetary Conditions Index (hereafter MCI) serves as an indicator of the monetary policy stance to capture the degree of tightness of the monetary policy. The weights of the MCI in the model reflect long-term effects of the interest rate and the exchange rate on the...
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Format: | Thesis |
Language: | English English |
Published: |
2007
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Online Access: | http://psasir.upm.edu.my/id/eprint/5050/1/FEP_2007_20.pdf |