Issue No. 12 – July 2009

Editor: Chan Sau San

Ten Year Review of the Development of the Financial Sector of Macao SAR

Monetary and Financial Stability Review
Research and Statistics Department, Monetary Authority of Macao

Determinants of Bank Profitability in Macao
Anna P. I. Vong-Faculty of Business Administration, University of Macau
Hoi Si Chan-Faculty of Business Administration, University of Macau

Core Inflation: Concepts and Estimates for Macao
L.K. Vong-Research and Statistics Department, Monetary Authority of Macao


The Macao Monetary Research Bulletin contains research articles prepared by academics in the fields of economics and finance, invited specialists and staff economists in the AMCM. The Editor also welcomes paper contributions to this Bulletin. Please send manuscript copies by e-mail to . The views expressed in the articles of this Bulletin are those of the authors and do not represent those of the Monetary Authority of Macao. Reprinting of any figures or statements contained herein is permitted provided that proper attribution is given to the Macao Monetary Research Bulletin.

Last revision: 2016-01-09 07:47:10