What Drives Private Savings in Malaysia?
This research attempts to reassess the long-run determinants of private savings in Malaysia using the cointegration and variance decomposition methods. This study covers annual data from 1980 to 2016. We find that private savings would increase together with the private disposable income, modified d...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Published: |
Taylor & Francis
2020
|
| Subjects: |
| _version_ | 1796962098624856064 |
|---|---|
| author | Tang, Chor Foon Tan, Eu Chye Chua, Soo Y. |
| author_facet | Tang, Chor Foon Tan, Eu Chye Chua, Soo Y. |
| author_sort | Tang, Chor Foon |
| collection | UM |
| description | This research attempts to reassess the long-run determinants of private savings in Malaysia using the cointegration and variance decomposition methods. This study covers annual data from 1980 to 2016. We find that private savings would increase together with the private disposable income, modified dependency ratio, and financial sector development. Results also reveal that the female–male sex ratio and macroeconomic uncertainty have a negative impact on private savings in Malaysia. Besides, the results show that disposable income, the sex ratio, financial sector development, and macroeconomic uncertainty are relatively more important than the other variables in determining Malaysia’s private savings. ©, Copyright © Taylor & Francis Group, LLC. |
| first_indexed | 2024-03-06T06:03:51Z |
| format | Article |
| id | um.eprints-24819 |
| institution | Universiti Malaya |
| last_indexed | 2024-03-06T06:03:51Z |
| publishDate | 2020 |
| publisher | Taylor & Francis |
| record_format | dspace |
| spelling | um.eprints-248192020-06-15T02:39:01Z http://eprints.um.edu.my/24819/ What Drives Private Savings in Malaysia? Tang, Chor Foon Tan, Eu Chye Chua, Soo Y. HG Finance This research attempts to reassess the long-run determinants of private savings in Malaysia using the cointegration and variance decomposition methods. This study covers annual data from 1980 to 2016. We find that private savings would increase together with the private disposable income, modified dependency ratio, and financial sector development. Results also reveal that the female–male sex ratio and macroeconomic uncertainty have a negative impact on private savings in Malaysia. Besides, the results show that disposable income, the sex ratio, financial sector development, and macroeconomic uncertainty are relatively more important than the other variables in determining Malaysia’s private savings. ©, Copyright © Taylor & Francis Group, LLC. Taylor & Francis 2020 Article PeerReviewed Tang, Chor Foon and Tan, Eu Chye and Chua, Soo Y. (2020) What Drives Private Savings in Malaysia? Emerging Markets Finance and Trade, 56 (2). pp. 275-285. ISSN 1540-496X, DOI https://doi.org/10.1080/1540496X.2018.1508442 <https://doi.org/10.1080/1540496X.2018.1508442>. https://doi.org/10.1080/1540496X.2018.1508442 doi:10.1080/1540496X.2018.1508442 |
| spellingShingle | HG Finance Tang, Chor Foon Tan, Eu Chye Chua, Soo Y. What Drives Private Savings in Malaysia? |
| title | What Drives Private Savings in Malaysia? |
| title_full | What Drives Private Savings in Malaysia? |
| title_fullStr | What Drives Private Savings in Malaysia? |
| title_full_unstemmed | What Drives Private Savings in Malaysia? |
| title_short | What Drives Private Savings in Malaysia? |
| title_sort | what drives private savings in malaysia |
| topic | HG Finance |
| work_keys_str_mv | AT tangchorfoon whatdrivesprivatesavingsinmalaysia AT taneuchye whatdrivesprivatesavingsinmalaysia AT chuasooy whatdrivesprivatesavingsinmalaysia |