Financial Liberalization and the Information Content of Money in Indonesia, Korea, and the Philippines

Financial Liberalization and the Information Content of Money in Indonesia, Korea, and the Philippines
Using a VAR approach, this paper studies the relationship between money, output, and prices in a group of Pacific Basin countries that underwent financial sector reform during the 1980s: Indonesia, Korea, and the Philippines. Special attention is paid to assessing the information content of money. Money was found to contain valuable advance... READ MORE...

Publication date: November 1993
ISBN 9781451851083
$15.00

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