Financial Liberalization and Money Demand in Asean Countries : Implications for Monetary Policy

Implications for Monetary Policy

Financial Liberalization and Money Demand in Asean Countries : Implications for Monetary Policy
This paper examines the impact of financial market development and liberalization on money demand behavior in Indonesia, Malaysia, Singapore, and Thailand since the early 1980s. The empirical results indicate continuing instability in the interaction of money growth, economic activity, and inflation. Rapid growth and ongoing changes in financial... READ MORE...

Publication date: March 1997
ISBN 9781451845419
$15.00

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