Financial liberalization, innovation and the response of Malaysian commercial banks' portfolios to monetary shocks
Several recent theoretical papers have shown that banking institutions posses a special role in the transmission mechanism of monetary policy. The reactions of banks toward changes in monetary conditions, particularly their portfolio allocations, determine the ultimate impact of monetary policy on r...
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| Format: | Article |
| Language: | English |
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Penerbit Universiti Kebangsaan Malaysia,
1999-07.
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| Online Access: | Get fulltext |