International reserves, current account imbalance and external debt : evidence from Malaysia.
The purpose of the study is to analyze both the short-run and long-run demand for international reserves in Malaysia for the period 1970-2004. The autoregressive distributed lag (ARDL) bounds testing approach proposed by Pesaran, Shin, and Smith (2001) is used to test for the existence of cointegra...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English English |
| Published: |
International Islamic University Malaysia
2008
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| Online Access: | http://psasir.upm.edu.my/id/eprint/15273/1/International%20reserves.pdf |