MONETARY POLICY RULES IN MALAYSIA, SINGAPORE AND THAILAND

This paper investigates whether monetary policies in Malaysia, Thailand and Singapore are best represented by either the Taylor rule or the augmented Taylor rule. It finds that the augmented Taylor rule, which incorporates the exchange rate and government spending, best represents monetary policies...

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Bibliographic Details
Main Authors: Chai-Thing Tan, Azali Mohamed
Format: Article
Language:Indonesian
Published: Bank Indonesia 2020-12-01
Series:Bulletin Ekonomi Moneter dan Perbankan
Subjects:
Online Access:https://www.bmeb-bi.org/index.php/BEMP/article/view/1112