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Publication Detail
WP 1989-06: Financial Liberalization and Interest Rate Determination: The Case of the Philippines, 1981-1985

How are interest rates determined in an open economy after financial liberalization has taken place? This is the main question that this paper attempts to answer. Utilizing a model adopted from Edwards and Khan, the author explains how interest rates are determined by both domestic monetary conditions and external factors once the financial sector is liberalized.

Philippine Institute for Development Studies
Authors Keywords
Gochoco, Maria Socorro H.; financial market; financial sector; financial liberalization; interest rate;
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Published in 1989 and available in the PIDS Library or Downloaded 934 times since November 25, 2011
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