Factors affecting demand for money in Japan / Norhidayu Rosli, Norsiah Kadir, Sabri Nayan and Norasyikin Abdullah Fahami

Demand for money is considered as an important function of stabilization and structural adjustment policies where such policies depend on the ability to adjust the money supply to its demand in order to prevent monetary disturbances from affecting real output. Monthly data from 2005 to 2012 for vari...

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Main Authors: Kadir, Norsiah, Nayan, Sabri, Abdullah Fahami, Norasyikin
Format: Article
Language:English
Published: Faculty of Business Management 2013
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/8754/1/AJ_NORHIDAYU%20ROSLI%20IJUS%2013.pdf
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author Kadir, Norsiah
Nayan, Sabri
Abdullah Fahami, Norasyikin
author_facet Kadir, Norsiah
Nayan, Sabri
Abdullah Fahami, Norasyikin
author_sort Kadir, Norsiah
collection UITM
description Demand for money is considered as an important function of stabilization and structural adjustment policies where such policies depend on the ability to adjust the money supply to its demand in order to prevent monetary disturbances from affecting real output. Monthly data from 2005 to 2012 for various monetary aggregates, consumer price index, industrial production index, and Bond are analysed. Global economic crisis and natural disaster as additional variables have been included in this study. The Pearson correlation tests, Unit root tests, Ordinary Least Square method and Granger Causality tests have been tested for empirical analysis. The results show the existence of the relationship among variables. Bidirectional causality found from CPI and Bond to monetary. All the five variables are significantly affecting the money demand in Japan
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spelling oai:ir.uitm.edu.my:87542019-03-14T08:26:36Z https://ir.uitm.edu.my/id/eprint/8754/ Factors affecting demand for money in Japan / Norhidayu Rosli, Norsiah Kadir, Sabri Nayan and Norasyikin Abdullah Fahami Kadir, Norsiah Nayan, Sabri Abdullah Fahami, Norasyikin Money market Demand for money is considered as an important function of stabilization and structural adjustment policies where such policies depend on the ability to adjust the money supply to its demand in order to prevent monetary disturbances from affecting real output. Monthly data from 2005 to 2012 for various monetary aggregates, consumer price index, industrial production index, and Bond are analysed. Global economic crisis and natural disaster as additional variables have been included in this study. The Pearson correlation tests, Unit root tests, Ordinary Least Square method and Granger Causality tests have been tested for empirical analysis. The results show the existence of the relationship among variables. Bidirectional causality found from CPI and Bond to monetary. All the five variables are significantly affecting the money demand in Japan Faculty of Business Management 2013 Article NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/8754/1/AJ_NORHIDAYU%20ROSLI%20IJUS%2013.pdf Factors affecting demand for money in Japan / Norhidayu Rosli, Norsiah Kadir, Sabri Nayan and Norasyikin Abdullah Fahami. (2013) International Journal of Undergraduates Studies <https://ir.uitm.edu.my/view/publication/International_Journal_of_Undergraduates_Studies/>, 2 (3). pp. 15-18. ISSN 2289-4242
spellingShingle Money market
Kadir, Norsiah
Nayan, Sabri
Abdullah Fahami, Norasyikin
Factors affecting demand for money in Japan / Norhidayu Rosli, Norsiah Kadir, Sabri Nayan and Norasyikin Abdullah Fahami
title Factors affecting demand for money in Japan / Norhidayu Rosli, Norsiah Kadir, Sabri Nayan and Norasyikin Abdullah Fahami
title_full Factors affecting demand for money in Japan / Norhidayu Rosli, Norsiah Kadir, Sabri Nayan and Norasyikin Abdullah Fahami
title_fullStr Factors affecting demand for money in Japan / Norhidayu Rosli, Norsiah Kadir, Sabri Nayan and Norasyikin Abdullah Fahami
title_full_unstemmed Factors affecting demand for money in Japan / Norhidayu Rosli, Norsiah Kadir, Sabri Nayan and Norasyikin Abdullah Fahami
title_short Factors affecting demand for money in Japan / Norhidayu Rosli, Norsiah Kadir, Sabri Nayan and Norasyikin Abdullah Fahami
title_sort factors affecting demand for money in japan norhidayu rosli norsiah kadir sabri nayan and norasyikin abdullah fahami
topic Money market
url https://ir.uitm.edu.my/id/eprint/8754/1/AJ_NORHIDAYU%20ROSLI%20IJUS%2013.pdf
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