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Purpose – The purpose of this paper is to explore the role of monetary policy transmission mechanism channel on firms' investment spending. The focal point is to investigate the differential of monetary policy effects across sub-sector firms' investment by examining the role of interest rates,...
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This paper examines the effects of monetary policy on investment spending in Malaysia for 1990-2008 using firm-level data. The focal point of this paper is two main channels of monetary policy transmission mechanism, namely, the interest rate and broad credit channels. Using a dynamic...
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