Lim, Ewe Ghee; Goh, SooKhoon - Volkswirtschaftliche Fakultät, … - 2011
This paper examines Bank Negara Malaysia’s (BNM) monetary policy autonomy in 1991-2009, a period of volatile capital flows, during which BNM operated under several exchange regimes: managed floating; fixed exchange rates; and fixed exchange rates with selective capital controls. Using a...