Financial stress, economic activity and monetary policy in the ASEAN-5 economies

• Main Authors: Tng, B.H., Kwek, K.T.
• 格式: Article
• 出版: Taylor & Francis 2015
• 主題: HB Economic Theory; HC Economic History and Conditions; HG Finance
• 在線閱讀: http://eprints.um.edu.my/19537/; http://dx.doi.org/10.1080/00036846.2015.1044646

This article uses a structural vector autoregression approach to analyse the impact of financial stress on the economy and the relationship between monetary policy and financial stress in the ASEAN-5 economies (Indonesia, Malaysia, Philippines, Singapore and Thailand). We find that an increase in fi...