Using the Bernanke's contemporaneous structural VAR, this paper investigates the role of money and credit in the monetary transmission mechanism during the pre- and post-liberalization periods in Malaysia. During the pre-liberalization period where credit and interest rates were regulated, the...

"The Economics of Banking (4th Edition) addresses the need for a user-friendly and mathematically accessible textbook that describes and explains the behavior of banks by examining trends and operations in banking within a microeconomic framework. It provides a sound theoretical basis for...