Please use this identifier to cite or link to this item: https://hdl.handle.net/10356/58038
Title: The monetary policy of Hong Kong.
Authors: Chin Jee Kin, Tan Yen-Ling, Toh Shih Hua
Keywords: DRNTU::Business::Finance::Monetary policy
Issue Date: 1997
Abstract: From our empirical studies, some important observations may be reasonably drawn on the Hong Kong economy. Given the pegged exchange rate regime in Hong Kong, money supply tends to lose its dominant impulses. Inflationary process in Hong Kong is a hybrid of demand pull and cost push hypotheses. As an open economy with high capital mobility, interest rate in Hong Kong must move in tandem with world interest rate trends. More precisely, the US interest rate would have a significant regulatory effect on the liquidity condition in Hong Kong's financial market and hence her economic activities.
Description: 115 p.
URI: http://hdl.handle.net/10356/58038
Rights: Nanyang Technological University
Fulltext Permission: restricted
Fulltext Availability: With Fulltext
Appears in Collections:NBS Student Reports (FYP/IA/PA/PI)

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