Responsiveness of Monetary Policy to Economic Uncertainty: Evidence from the ASEAN-5 Plus 3 Countries

• Main Authors: Lim, Ee-Vern, Gan, Pei-Tha, Azila, Abdul Razak, Awadh Ahmed, Mohammed Gamal
• Format: Article
• Language: English; English
• Published: INTI International University
• Subjects: H Social Sciences (General); HF Commerce; HG Finance
• Online Access: http://eprints.intimal.edu.my/2001/1/jobss2024_06.pdf; http://eprints.intimal.edu.my/2001/2/539; http://eprints.intimal.edu.my/2001/; http://ipublishing.intimal.edu.my/jobss.html; https://doi.org/10.61453/jobss.v2024no06

A notable feature of empirical research on the monetary policy rule is that not many studies rely on the responsiveness of the monetary policy to the goals of the central bank. Policy responsiveness aligns with the appropriate relative weights placed on the goals following their priority. To over...