Showing 1 - 10 of 1,121
This paper investigates the extent to which output has recovered from the Asian crisis. A regime-switching approach that introduces two state variables is used to decompose recessions in a set of six Asian countries into permanent and transitory components. While growth recovered fairly quickly...
Persistent link: https://www.econbiz.de/10014404003
estimates potential growth for China, India, and five ASEAN countries (Indonesia, Malaysia, the Philippines, Thailand, and … Vietnam) during 1993–2013. The main findings include: (i) both China and India have recently exhibited a slowdown in potential …;(iii) over the longer term, demographic factors will be much more supportive in India and some ASEAN economies than in China …
Persistent link: https://www.econbiz.de/10014394381
Persistent link: https://www.econbiz.de/10010389478
experiences, with the exception of Singapore, have been more episodic--oscillating between periods of high and low financial …
Persistent link: https://www.econbiz.de/10014398038
This paper investigates the long-run pattern of private saving in Indonesia, Malaysia, Singapore, and Thailand. These … each country, except for Indonesia where the effects of demographics have been even more pronounced …
Persistent link: https://www.econbiz.de/10014398225
deflator yields the greatest evidence of “stationarity.” The study find’s that the Malaysian, Philippines, and Thai currencies …
Persistent link: https://www.econbiz.de/10014401020
This paper evaluates monetary policy and its relationship with the exchange rate in five Asian crisis countries. The findings are compared with previous currency crises in recent history. The paper finds no evidence of overly tight monetary policy in the Asian crisis countries in 1997 and early...
Persistent link: https://www.econbiz.de/10014401509
This paper analyzes the evolution and effectiveness of Indonesia’s monetary control system following the financial …
Persistent link: https://www.econbiz.de/10014396201
, Malaysia, Singapore, and Thailand since the early 1980s. The empirical results indicate continuing instability in the …This paper examines the impact of financial market development and liberalization on money demand behavior in Indonesia …
Persistent link: https://www.econbiz.de/10014403342
Following the 1997-98 financial turmoil, crisis countries in Asia moved toward either floating or fixed exchange rate … evidence and concludes that, except for Malaysia, which adopted a hard peg and imposed capital controls, the other crisis …
Persistent link: https://www.econbiz.de/10014399947