Dasar kewangan dan saluran pinjaman bank di Thailand

Suatu kajian data panel

Translated title of the contribution: Monetary policy and bank lending channel in Thailand: A panel study

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

This study aims to examine the relevance of the transmission mechanism of monetary policy through the bank lending channel in Thailand by using bank level data. The banks' loan supply function is estimated using a static panel data framework (fixed effect and random effect model). In addition to monetary policy variables (the overnight interest rate), several bank specific variables (size, capital and liquidity), and macroeconomic variables (real output and price level) are also taken into account in estimating the banks' loan supply function. The data set is spanning from 2000 to 2010, comprising of 25 commercial banks. Results showed that bank lending channel is operated in Thailand, in which a changes in monetary policy variables (interbank overnight rate) is statistically significance, and has a negative effect on banks' loan supply. In addition, macroeconomic variables, namely GDP and bank specific variables such as bank liquidity and bank size are also statistically significance in influencing the supply of bank loans.

Original languageUndefined/Unknown
Pages (from-to)83-92
Number of pages10
JournalJurnal Ekonomi Malaysia
Volume47
Issue number2
Publication statusPublished - 2013

Fingerprint

Bank loans
Thailand
Bank lending channel
Monetary policy
Panel study
Macroeconomic variables
Liquidity
Transmission mechanism
Price level
Fixed effects
Commercial banks
Real output
Interest rates
Panel data
Bank size
Random effects model

Keywords

  • Bank lending channel
  • Monetary policy
  • Static panel data

ASJC Scopus subject areas

  • Business, Management and Accounting (miscellaneous)

Cite this

Dasar kewangan dan saluran pinjaman bank di Thailand : Suatu kajian data panel. / Abdul Karim, Zulkefly; Aziz, Nur Hashimah; Said, Fathin Faizah.

In: Jurnal Ekonomi Malaysia, Vol. 47, No. 2, 2013, p. 83-92.

Research output: Contribution to journalArticle

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