Jayaraman, T.K.; Choong, Chee-Keong - Volkswirtschaftliche Fakultät, … - 2012
The reasons behind the frequent occurrences of excess liquidity, especially in the recent months since 2007, are well … liquidity on various key economic variables. Utilizing the VAR methodology, this paper examines the effects of excess liquidity … on loans, lending rate, exchange rate and price level. The findings are that excess liquidity is a major component of …