Stock market and aggregate consumption asymmetry: evidence from Malaysia
Purpose – The purpose of this paper is to analyze the influences of real share prices on aggregate consumption for Malaysia with the focus on whether there is asymmetry in the long-run relation of the two variables. Design/methodology/approach – The paper specifies aggregate consumption to depend on...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Emerald Group Publishing
2010
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| Online Access: | http://psasir.upm.edu.my/id/eprint/16847/1/16847.pdf |