Exchange rate and the demand for money in Malaysia

This paper investigates the long run relationship between exchange rate and money demand in Malaysia. The Johansen:Juselius (1990) likelihood ratio tests support the importance of exchange rate in m2 but not in ml money demand. The Hansen:Johansen (1993) likelihood ratio tests however found some evi...

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Bibliographic Details
Main Authors: Mohamed, Azali, Baharumshah, Ahmad Zubaidi, Habibullah, Muzafar Shah
Format: Article
Language:English
Published: Universiti Putra Malaysia Press 2000
Online Access:http://psasir.upm.edu.my/id/eprint/3275/1/Exchange_Rate_and_the_Demand_for_Money_in_Malaysia.pdf
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