Firm-level investment and monetary policy in Malaysia: do the interest rate and broad credit channels matter?
This paper examines the effects of monetary policy on investment spending in Malaysia for 1990–2008 using firm-level data. The focal point of this paper is two main channels of monetary policy transmission mechanism, namely, the interest rate and broad credit channels. Using a dynamic neoclassical i...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Routledge
2013
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| Online Access: | http://psasir.upm.edu.my/id/eprint/28251/1/Firm.pdf http://psasir.upm.edu.my/id/eprint/28251/ |
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| Institution: | Universiti Putra Malaysia |
| Language: | English |