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We develop a simple theoretical model and then use bank data from seven Asian economies to investigate the effects on bank lending of different liquidity management tools used by central banks. We find that hiking reserve requirements to sterilise foreign exchange purchases will retard bank...
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of GDP, its components and the stock market of five East Asia economies of Japan, Singapore, South Korea, Chinese Taipei … and Hong Kong SAR. Empirical evidences based on quarterly data show that output volatility for both Singapore and South …. Among the five East Asia economies, government intervention is obvious in Singapore. The stock markets in both Hong Kong SAR …
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