IMPACTS OF MONETARY POLICY SHOCKS ON THE DOMESTIC AND FOREIGN BANKS IN MALAYSIA Salina Hj Kassim Turkhan Ali Abdul Manap Department of Economics Kulliyyah of Economics and Management Sciences International Islamic University Malaysia Jalan Gombak 53100 Kuala Lumpur ABSTRACT This study investigates the impact of monetary policy shocks on bank loans extended by local banks and foreign banks in Malaysia over the period from January 1991 to December 2006. It adopts the impulse response
Premium Bank
1) Describe the general policy objectives for monetary policy As a member of the Eurosystem‚ the Bank of Greece does not retain control of its policy objectives. Monetary policy is set by the European Central Bank In following the policy objectives of the European Central Bank‚ Greece’s monetary policy maintains the primary objective of achieving price stability. This general objective has been quantified as achieving an inflation rate below‚ but close to‚ to 2% on the medium term. 2) Operating
Premium
The Output Approach The Output Approach focuses on finding the total output of a nation by directly finding the total value of all goods and services a nation produces. Because of the complication of the multiple stages in the production of a good or service‚ only the final value of a good or service is included. This avoids an issue often referred to as "double counting" - when the total value of a good is included in the national output in several stages of production. In the example of meat
Premium Value added Economics Gross domestic product
Briefly outline some of the main models of oligopoly in which firms compete according to output. Hence‚ discuss the contention that non-collusion is the inevitable outcome of oligopoly. (2000 words) ‘Oligopoly is an industry structure characterized by a few firms producing all‚ or most‚ of the output of some good that may or may not be differentiated.book’ An oligopoly lies somewhere in between a monopoly (only one seller) and competition (many sellers). Firms are said to exhibit ‘strong mutual
Premium Cartel Oligopoly Economics
demand (AD). What does economic theory suggest about the relationship between labor supply‚ AD and taxation? Our limitation is only in our country- Vietnam. The Law on Personal Income Tax‚ approved by Vietnam National Assembly XII on 21 November 2007‚ officially coming into effect on 1st‚ January 2009‚ marked the great effort of the Government in perfecting its personal income regulation policy Now 2012‚ we want to know more about the affects of this tax to labor supply and AD in VietNam
Premium Tax Income tax Income
Cardiac Output most used tool to measure heart function The volume of blood ejected by the heart per minute. CO= Heart Rate x Stroke Volume EX: 70bt/min X 70ml/bt = 4900ml/min ~ 5L/min Regulation of Heart Beat HR is regulated through the balance of parasympathetic and sympathetic influence on the SA node. 1 action potential = 1 electrical impulse Parasympathetic: Slows HR Sympathetic: Speeds HR Parasympathetic Regulation of HR At rest‚ parasympathetic nerves will release Acetylcholine
Premium Heart Cardiology Artery
Introduction The optimal dividend policy of a firm depends on investor’s desire for capital gains as opposed to income‚ their willingness to forgo dividend now for future returns‚ and their perception of the risk associated with postponement of returns. However any normative approach to dividend policy intended to be operative under real world conditions should consider the firms investment opportunities‚ any preferences that investors have for dividends as opposed to capital gains and vice
Premium Dividend Stock Dividend yield
Inflation impacts on many facets of the economy‚ these impacts can be both long and short term. It is generally the case that higher levels of inflation carry more severe consequences thus it is often the aim of government to sustain a low level of inflation. Inflation effects economic growth and certainty‚ wages‚ unemployment‚ international competitiveness‚ exchange and interest rates amongst other things. High inflation can be a major constraint on economic growth and certainty which ultimately
Premium Inflation
their tax liability will increase. 3) What would have been the effect on earnings per share if Video Superstore purchases were not included in 1988 revenues? If the video purchases were not included in 1988 then the earnings-per-share would be lower. 4) Over what period does BV depreciate its "base stock” videotapes? The period it depreciate its base stock is 36-month‚ which is on a straight-line amortization period. 5) What was the effect on earnings per share of the change in depreciation method for
Premium Depreciation Generally Accepted Accounting Principles
of a computer system. A central processing unit (CPU)‚ also referred to as a central processor unit‚ is the hardware within a computer that carries out the instructions of a computer program by performing the basic arithmetical‚ logical‚ and input/output operations of the system. In the computer industry‚ the terms computer and CPU are often used interchangeably. Computing power starts with the most limited microcomputers which are laptop computers‚ netbook computers‚ PDAs and cell phones and increases
Premium Central processing unit Computer Personal computer