Effectiveness of the Monetary Transmission Mechanism in Achieving the Ultimate Goals of ASEAN-3

dc.contributor.author	VIPHINDRARTIN, Sebastiana
dc.contributor.author	SALEH, Mohammad
dc.contributor.author	PRESTIANAWATI, Silvi Asna
dc.date.accessioned	2020-07-07T06:07:00Z
dc.date.available	2020-07-07T06:07:00Z
dc.date.issued	2019-12-12
dc.identifier.uri	http://repository.unej.ac.id/handle/123456789/99611
dc.description	Proceedings of the 23rd Asian Forum of Business Education(AFBE 2019)	en_US
dc.description.abstract	This study was intended to find out which channels (exchange rates, interest rates, credit and money) have the most significant effect on price stability and economic growth during 1997 Q1-2017 Q4 using the Vector Error Correction Model (VECM). Based on the estimation, Interest Rate and Exchange Rate were the most influencing channels, while in Malaysia were the Exchange Rate and Credit. In the Philippines, Credit and Interest Rate were relatively effective. In addition, in the countries, the monetary policies they applied had a significant correlation with two economic variables: inflation and economic growth.	en_US
dc.language.iso	en	en_US
dc.publisher	Atlantis Press: Advances in Economics, Business and Management Research, Volume 144	en_US
dc.subject	effectiveness	en_US
dc.subject	monetary channels	en_US
dc.subject	VECM	en_US
dc.title	Effectiveness of the Monetary Transmission Mechanism in Achieving the Ultimate Goals of ASEAN-3	en_US
dc.type	Article	en_US
dc.identifier.kodeprodi	KODEPRODI0810101#Ekonomi Pembangunan
dc.identifier.nidn	NIDN0008116408
dc.identifier.nidn	NIDN0031085602