Is Malaysia exempted from the impossible trinity? An empirical analysis for an emerging market
This paper estimates offset and sterilization coefficients in Malaysia with the objective to assess the relevance of the Impossible Trinity for policy. The paper finds that Malaysia had scope for independent monetary policy in the short run; but in the longer run only under managed floating or ca...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Routledge, Taylor & Francis Group
2016
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| Subjects: | |
| Online Access: | http://eprints.usm.my/30065/1/Is%20Malaysia%20exempted%20abstract.pdf http://eprints.usm.my/30065/ http://dx.doi.org/10.1080/17520843.2016.1151907 |
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| Institution: | Universiti Sains Malaysia |
| Language: | English |