Monetary policy rules in Malaysia, Singapore and Thailand
This paper investigates whether monetary policies in Malaysia, Thailand and Singapore are best represented by either the Taylor rule or the augmented Taylor rule. It finds that the augmented Taylor rule, which incorporates the exchange rate and government spending, best represents monetary policies...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Bank Indonesia Institute
2020
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| Online Access: | http://psasir.upm.edu.my/id/eprint/86824/1/Monetary%20policy%20rules%20in%20Malaysia%2C%20Singapore%20.pdf |