Can a Financial Conditions Index Guide Monetary Policy? The Case of Singapore
In this study, we explore the issue of whether a financial conditions index can serve as a useful guide to monetary policy in the context of Singapore. To this end, we construct an index that comprises not only the usual monetary variables like interest rates, exchange rates and credit expansions bu...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2013
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| Online Access: | https://ink.library.smu.edu.sg/soe_research/1484 https://ink.library.smu.edu.sg/context/soe_research/article/2483/viewcontent/S12_223_20Chow.pdf |
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| Institution: | Singapore Management University |
| Language: | English |