Keyword Search:


Bookmark and Share

Broad money demand and financial liberalization in Malaysia: an application of the nonlinear learning function and error-correction models

Mohamed, Azali and Matthews, Kent (2001) Broad money demand and financial liberalization in Malaysia: an application of the nonlinear learning function and error-correction models. Pertanika Journal of Social Sciences & Humanities, 9 (2). pp. 131-141. ISSN 0128-7702; ESSN: 2231-8534

[img] PDF
2606Kb

Official URL: http://www.pertanika.upm.edu.my/view_archives.php?...

Abstract

This paper attempts to model the effects of financial liberalization and innovations on the demand for broad money in Malaysia. The nonlinear learning function and error-correction mechanism model were utilized. The results of encompassing tests and dynamic (ex post) simulation confirm the error-correction as the parsimonious specification. The augmented error-correction model with nonlinear interacted variables is unable to detect the effects of financial liberalization on Malaysian broad money demand.

Item Type:Article
Keyword:Broad money demand; Financial liberalization and innovation; Nonlinear learning function; Error-correction model
Faculty or Institute:Faculty of Economics and Management
Publisher:Universiti Putra Malaysia Press
ID Code:3326
Deposited By: Nur Izyan Mohd Zaki
Deposited On:25 Nov 2009 12:51
Last Modified:10 Sep 2015 22:12

Repository Staff Only: Edit item detail