Department of Economics Issn 1441-5429 Discussion Paper 02/07 Are Financial Sector Policies Effective in Deepening the Malaysian

Abstract

This paper provides an empirical assessment of the effects of financial sector policies on development of the financial system in Malaysia over the period 1959-2005. The technique of principal component analysis is used to construct a summary measure of interest rate policies in order to account for the joint influence of various interest rate controls… (More)

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