{"id":"https://openalex.org/W1533657387","doi":null,"title":"Augmented MCi: AN Indicator Of Monetary Policy Stance For ASEAN-5?","display_name":"Augmented MCi: AN Indicator Of Monetary Policy Stance For ASEAN-5?","publication_year":2010,"publication_date":"2010-05-01","ids":{"openalex":"https://openalex.org/W1533657387","mag":"1533657387"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:mos:moswps:2010-25","doi":null,"is_oa":false,"landing_page_url":"http://www.buseco.monash.edu.au/eco/research/papers/2010/2510augmentedpoon.pdf","pdf_url":"http://www.buseco.monash.edu.au/eco/research/papers/2010/2510augmentedpoon.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},"volume":null,"type":"preprint","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5014282625","display_name":"Wai Ching Poon","orcid":"https://orcid.org/0000-0003-4222-1509","observed_orcids":["https://orcid.org/0000-0003-4222-1509"]},"institutions":[{"id":"https://openalex.org/I11662577","display_name":"Monash University Malaysia","ror":"https://ror.org/00yncr324","country_code":"MY","type":"education","lineage":["https://openalex.org/I11662577","https://openalex.org/I56590836"]}],"countries":["MY"],"is_corresponding":true,"raw_author_name":"Wai Ching Poon","raw_affiliation_strings":["Monash University, Malaysia Campus;"],"raw_orcid":"https://orcid.org/0000-0003-4222-1509","affiliations":[{"raw_affiliation_string":"Monash University, Malaysia Campus;","institution_ids":["https://openalex.org/I11662577"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5014282625"],"corresponding_institution_ids":["https://openalex.org/I11662577"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":8,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.0,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.0,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/monetary-policy-stance","display_name":"monetary policy stance","score":0.984000027179718},{"id":"https://openalex.org/keywords/monetary-policy-transmission","display_name":"monetary policy transmission","score":0.8679999709129333},{"id":"https://openalex.org/keywords/asean-5","display_name":"ASEAN-5","score":0.8399999737739563},{"id":"https://openalex.org/keywords/credit-channel","display_name":"credit channel","score":0.7929999828338623},{"id":"https://openalex.org/keywords/asset-price-channel","display_name":"asset price channel","score":0.9950000047683716},{"id":"https://openalex.org/keywords/interest-rate-channel","display_name":"interest rate channel","score":0.8370000123977661},{"id":"https://openalex.org/keywords/exchange-rate-channel","display_name":"exchange rate channel","score":0.984000027179718},{"id":"https://openalex.org/keywords/aggregate-demand","display_name":"aggregate demand","score":0.902999997138977},{"id":"https://openalex.org/keywords/real-interest-rates","display_name":"real interest rates","score":0.6309999823570251},{"id":"https://openalex.org/keywords/real-exchange-rate","display_name":"real exchange rate","score":0.9020000100135803},{"id":"https://openalex.org/keywords/indonesia","display_name":"Indonesia","score":0.8640000224113464},{"id":"https://openalex.org/keywords/thailand","display_name":"Thailand","score":0.9769999980926514},{"id":"https://openalex.org/keywords/malaysia","display_name":"Malaysia","score":0.9919999837875366},{"id":"https://openalex.org/keywords/singapore","display_name":"Singapore","score":0.9729999899864197},{"id":"https://openalex.org/keywords/philippines","display_name":"Philippines","score":0.9919999837875366}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7205700874328613},{"id":"https://openalex.org/C2776988154","wikidata":"https://www.wikidata.org/wiki/Q66100","display_name":"Exchange rate","level":2,"score":0.7133594751358032},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.6922938823699951},{"id":"https://openalex.org/C175025494","wikidata":"https://www.wikidata.org/wiki/Q179179","display_name":"Interest rate","level":2,"score":0.6443933844566345},{"id":"https://openalex.org/C145162277","wikidata":"https://www.wikidata.org/wiki/Q1751675","display_name":"Cointegration","level":2,"score":0.56800377368927},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.5569561719894409},{"id":"https://openalex.org/C2777382242","wikidata":"https://www.wikidata.org/wiki/Q6017816","display_name":"Index (typography)","level":2,"score":0.5173582434654236},{"id":"https://openalex.org/C76178495","wikidata":"https://www.wikidata.org/wiki/Q4808784","display_name":"Asset (computer security)","level":2,"score":0.4626610577106476},{"id":"https://openalex.org/C2778908629","wikidata":"https://www.wikidata.org/wiki/Q4391528","display_name":"Effective exchange rate","level":3,"score":0.41413646936416626},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.3663005828857422},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C136764020","wikidata":"https://www.wikidata.org/wiki/Q466","display_name":"World Wide Web","level":1,"score":0.0},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"pmh:oai:RePEc:mos:moswps:2010-25","doi":null,"is_oa":false,"landing_page_url":"http://www.buseco.monash.edu.au/eco/research/papers/2010/2510augmentedpoon.pdf","pdf_url":"http://www.buseco.monash.edu.au/eco/research/papers/2010/2510augmentedpoon.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"mag:1533657387","doi":null,"is_oa":false,"landing_page_url":"https://EconPapers.repec.org/RePEc:mos:moswps:2010-25","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":31,"referenced_works":["https://openalex.org/W333130076","https://openalex.org/W575712408","https://openalex.org/W1490424497","https://openalex.org/W1501584278","https://openalex.org/W1503667014","https://openalex.org/W1530948978","https://openalex.org/W1552673017","https://openalex.org/W1587452023","https://openalex.org/W1591736143","https://openalex.org/W1965281658","https://openalex.org/W1966910378","https://openalex.org/W1975562315","https://openalex.org/W1977523110","https://openalex.org/W1983701088","https://openalex.org/W1988789713","https://openalex.org/W1993068376","https://openalex.org/W2010225233","https://openalex.org/W2020418185","https://openalex.org/W2025178263","https://openalex.org/W2029476162","https://openalex.org/W2031104990","https://openalex.org/W2044647889","https://openalex.org/W2052237872","https://openalex.org/W2053834130","https://openalex.org/W2100874699","https://openalex.org/W2153710515","https://openalex.org/W2263497343","https://openalex.org/W2788651541","https://openalex.org/W2891909481","https://openalex.org/W3121406657","https://openalex.org/W3140647154"],"related_works":["https://openalex.org/W154304982","https://openalex.org/W2299458711","https://openalex.org/W1533561310","https://openalex.org/W2278767347","https://openalex.org/W1822283258","https://openalex.org/W171727349","https://openalex.org/W1526687431","https://openalex.org/W2983697997","https://openalex.org/W2606502616","https://openalex.org/W1826129187"],"abstract_inverted_index":{"This":[0],"paper":[1],"uses":[2],"quarterly":[3],"data":[4],"from":[5,220],"1980":[6],"to":[7,13,91,109,211,222,248,258],"2004":[8],"for":[9,55,71,225,228,231,234,238],"ASEAN-5":[10],"founder":[11,75],"countries":[12],"estimate":[14,78,212],"the":[15,18,26,61,73,80,93,96,100,104,111,128,145,161,167,176,192,196,213,243,254,259,268,271,276],"weight":[16,94,105],"of":[17,47,63,69,79,86,95,130,163,201,253,270],"Augmented":[19],"Monetary":[20,240],"Conditions":[21],"Index":[22],"(AMCI),":[23],"and":[24,33,38,49,59,82,102,118,135,140,147,152,182,205,236],"identifies":[25],"key":[27,124,157,170],"transmission":[28,62,125,158,171],"mechanism":[29],"paths":[30],"using":[31],"Pesaran":[32,39],"Pesaran\u2019s":[34],"(1997)":[35],"ARDL":[36],"procedure,":[37],"et":[40],"al.\u2019s":[41],"(2001)":[42],"bounds":[43],"procedure.":[44],"The":[45,77,198,216],"roles":[46],"credit":[48,153],"asset":[50,116,183],"price":[51,184],"channels":[52,121,154],"are":[53,122,155,209,246],"assessed":[54],"aggregate":[56,87],"demand":[57,88],"conditions":[58,241],"in":[60,99,127,133,138,160,251],"monetary":[64,131,164],"policy.":[65,165],"Results":[66],"reveal":[67],"evidence":[68],"cointegration":[70],"all":[72],"ASEAN-Five":[74],"countries.":[76],"interest":[81,119,150,177,203],"exchange":[83,97,142,179,207],"rate":[84,98,120,188,194,208],"elasticities":[85],"is":[89,106],"used":[90,108,210],"determine":[92],"AMCI,":[101],"ultimately":[103],"then":[107],"construct":[110],"AMCI":[112,214,217,266],"ratio.":[113],"Exchange":[114],"rate,":[115,143,151,178,180],"price,":[117],"three":[123,156],"mechanisms":[126,159,172],"conduct":[129,162],"policy":[132],"Indonesia":[134],"Thailand.":[136],"Meanwhile":[137],"Malaysia":[139],"Singapore,":[141],"both":[144],"long":[146,193],"short":[148,187],"term":[149],"In":[166],"Philippines,":[168,226],"four":[169],"take":[173],"place,":[174],"namely":[175],"credit,":[181],"channels,":[185],"with":[186],"relatively":[189],"weaker":[190],"than":[191],"at":[195],"margin.":[197],"estimated":[199],"weights":[200],"real":[202,206,272],"rates":[204],"ratios.":[215],"ratios":[218],"range":[219],"0.052":[221],"0.664":[223,237],"[0.052:1":[224],"0.056:1":[227],"Thailand,":[229],"0.073:1":[230],"Indonesia,":[232],"0.109:1":[233],"Malaysia;":[235],"Singapore].":[239],"during":[242],"period":[244],"under-study":[245],"found":[247],"be":[249],"reflected":[250],"each":[252],"central":[255],"banks\u2019":[256],"reaction":[257],"prevailing":[260],"economic":[261],"situation,":[262],"which":[263],"implies":[264],"that":[265],"tracks":[267],"movements":[269],"GDP":[273],"plausibly":[274],"on":[275],"average,":[277],"particularly":[278],"after":[279],"1997.":[280]},"counts_by_year":[{"year":2019,"cited_by_count":2},{"year":2017,"cited_by_count":1},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":2}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}