Monetary Policy, Structural Break, and the Monetary Transmission Mechanism in Thailand

Monetary Policy, Structural Break, and the Monetary Transmission Mechanism in Thailand

The paper studies monetary policy and the monetary transmission mechanism in Thailand in light of the Asian crisis in 1997. Existing studies that adopt structural vector auto-regression (VAR) approaches do not give a clear and agreed-upon view how...

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Bibliographic Details
Main Author: Hesse, Heiko
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
ACCELERATOR
BALANCE SHEET
BALANCE SHEETS
BANK LENDING
BUSINESS CYCLES
CAPITAL ACCOUNT
CAPITAL MARKETS
CENTRAL BANK
CONSUMER PRICE INDEX
CREDIT CONDITIONS
CURRENCY
CURRENT ACCOUNT
DEMAND DEPOSITS
DEVALUATION
DOMESTIC COMPANIES
DOMESTIC INTEREST RATES
DOMESTIC PRICES
ECONOMIC BOOM
ENDOGENOUS VARIABLES
EQUILIBRIUM
EXCHANGE RATE
EXCHANGE RATE DEPRECIATION
EXCHANGE RATE PEG
EXCHANGE RATE REGIME
EXOGENOUS VARIABLES
EXPORTS
EXTERNAL SHOCKS
FINANCIAL CRISIS
FOREIGN CAPITAL
FOREIGN COMPETITION
FOREIGN DEBT
FOREIGN EXCHANGE
FOREIGN EXCHANGE RATE
FOREIGN INTEREST RATE
FOREIGN INTEREST RATES
GDP
GOVERNMENT DEBT
HIGH VOLATILITY
HYPOTHESIS TESTING
INTEREST RATE POLICY
INTEREST RATES
INTERNATIONAL FINANCIAL STATISTICS
INTERNATIONAL TRADE
LIQUIDITY
LOAN RATES
M1
M2
MACROECONOMIC FRAMEWORK
MACROECONOMIC IMBALANCES
MACROECONOMIC VARIABLES
MONETARY EXPANSION
MONETARY POLICY
MONETARY POLICY FRAMEWORK
MONETARY POLICY RULE
MONETARY SHOCKS
MONETARY TARGETING
MONETARY TRANSMISSION MECHANISM
MONEY BALANCES
MONEY DEMAND
MONEY MARKET
MONEY SUPPLY
MORAL HAZARD
MORAL HAZARD PROBLEMS
MULTIPLE EQUILIBRIA
NEUTRALITY OF MONEY
NOMINAL ANCHOR
NOMINAL EXCHANGE RATE
OPEN CAPITAL MARKETS
OPEN MARKET OPERATIONS
OPPORTUNITY COST
OPPORTUNITY COSTS
OUTPUT
OUTPUT GROWTH
PHILLIPS CURVE
POLICY RESEARCH
POLITICAL INSTABILITY
PRIVATE BANKS
REAL EXCHANGE
REAL EXCHANGE RATE
REAL GDP
RESERVES
RISK PREMIUM
SCENARIOS
STATISTICAL INFERENCE
TAX SYSTEM
THAI BAHT
TRANSMISSION MECHANISM
TRANSMISSION MECHANISMS
VALUE ADDED
VELOCITY OF MONEY
VULNERABILITY
Online Access:http://documents.worldbank.org/curated/en/2007/06/7694738/monetary-policy-structural-break-monetary-transmission-mechanism-thailand
http://hdl.handle.net/10986/7396

Internet

http://documents.worldbank.org/curated/en/2007/06/7694738/monetary-policy-structural-break-monetary-transmission-mechanism-thailand
http://hdl.handle.net/10986/7396

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