Tests of different monetary aggregates for the monetary models of the exchange rate in five ASEAN countries.

This study examines the usefulness of divisia money, relative to simple sum money, for exchange rate modelling in a period of rapid financial deregulation. This comparison is conducted using the monetary model of the exchange rate. In the long-run modelling, the divisia money is significantly superi...

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Main Authors: Lee, Chin, Habibullah, Muzafar Shah, Mohamed, Azali
Format: Article
Language:English
English
Published: Taylor & Francis (Routledge) 2009
Subjects:
Online Access:http://psasir.upm.edu.my/id/eprint/16999/1/Tests%20of%20different%20monetary%20aggregates%20for%20the%20monetary%20models%20of%20the%20exchange%20rate%20in%20five%20ASEAN%20countries.pdf
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author Lee, Chin
Habibullah, Muzafar Shah
Mohamed, Azali
author_facet Lee, Chin
Habibullah, Muzafar Shah
Mohamed, Azali
author_sort Lee, Chin
collection UPM
description This study examines the usefulness of divisia money, relative to simple sum money, for exchange rate modelling in a period of rapid financial deregulation. This comparison is conducted using the monetary model of the exchange rate. In the long-run modelling, the divisia money is significantly superior to simple sum money in the case of Malaysia and the Philippines while indifferent for Indonesia, Singapore and Thailand.
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spelling upm.eprints-169992015-10-05T07:29:44Z http://psasir.upm.edu.my/id/eprint/16999/ Tests of different monetary aggregates for the monetary models of the exchange rate in five ASEAN countries. Lee, Chin Habibullah, Muzafar Shah Mohamed, Azali This study examines the usefulness of divisia money, relative to simple sum money, for exchange rate modelling in a period of rapid financial deregulation. This comparison is conducted using the monetary model of the exchange rate. In the long-run modelling, the divisia money is significantly superior to simple sum money in the case of Malaysia and the Philippines while indifferent for Indonesia, Singapore and Thailand. Taylor & Francis (Routledge) 2009 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/16999/1/Tests%20of%20different%20monetary%20aggregates%20for%20the%20monetary%20models%20of%20the%20exchange%20rate%20in%20five%20ASEAN%20countries.pdf Lee, Chin and Habibullah, Muzafar Shah and Mohamed, Azali (2009) Tests of different monetary aggregates for the monetary models of the exchange rate in five ASEAN countries. Applied Economics, 41 (14). pp. 1771-1783. ISSN 0003-6846 Foreign exchange rates. Monetary policy. 10.1080/00036840902845517 English
spellingShingle Foreign exchange rates.
Monetary policy.
Lee, Chin
Habibullah, Muzafar Shah
Mohamed, Azali
Tests of different monetary aggregates for the monetary models of the exchange rate in five ASEAN countries.
title Tests of different monetary aggregates for the monetary models of the exchange rate in five ASEAN countries.
title_full Tests of different monetary aggregates for the monetary models of the exchange rate in five ASEAN countries.
title_fullStr Tests of different monetary aggregates for the monetary models of the exchange rate in five ASEAN countries.
title_full_unstemmed Tests of different monetary aggregates for the monetary models of the exchange rate in five ASEAN countries.
title_short Tests of different monetary aggregates for the monetary models of the exchange rate in five ASEAN countries.
title_sort tests of different monetary aggregates for the monetary models of the exchange rate in five asean countries
topic Foreign exchange rates.
Monetary policy.
url http://psasir.upm.edu.my/id/eprint/16999/1/Tests%20of%20different%20monetary%20aggregates%20for%20the%20monetary%20models%20of%20the%20exchange%20rate%20in%20five%20ASEAN%20countries.pdf
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AT habibullahmuzafarshah testsofdifferentmonetaryaggregatesforthemonetarymodelsoftheexchangerateinfiveaseancountries
AT mohamedazali testsofdifferentmonetaryaggregatesforthemonetarymodelsoftheexchangerateinfiveaseancountries