Credit expansion and financial stability in Malaysia
This study investigated the degree of synchronization between credit expansion and financial stability in Malaysia at aggregated and disaggregated levels. The dynamic factor model and a broad range of macro-financial variables are adopted to construct a financial stability index to measure the stabi...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2017
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Online Access: | http://psasir.upm.edu.my/id/eprint/61246/1/Credit%20expansion%20and%20financial%20stability%20in%20Malaysia.pdf |