Monetary policy, development of financial market and banking lending: An analysis of the bank-lending channel in Malaysia

• Main Authors: Ghazali, Noor A., A. Rahman, Aisyah
• Format: Article
• Language: English
• Published: Universiti Utara Malaysia 2001
• Subjects: HG Finance
• Online Access: http://repo.uum.edu.my/491/1/Noor_A._Ghazali.pdf; http://repo.uum.edu.my/491/; http://mmj.uum.edu.my
• Institution: Universiti Utara Malaysia

Recent of interest in understanding the transmission mechanism of monetary policy focuses on two main channels of explaination, i.e. the money and credit channel. This paper investigates a version of the credit channel, i.e. the bank-lending channel for the Malaysian economy. The bank-lending channe...