Tan, Anthony C.K.; Goh, Kim-Leng - In: Hitotsubashi Journal of Economics 50 (2009) 1, pp. 1-27
The increased financial disintermediation that characterizes the Malaysia's financial system since the early 1990s has contributed towards changes in the dynamics of monetary transmission mechanism. Using quarterly data from 1980: 1 to 2005: 4, we found a greater effectiveness of monetary policy...