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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| Format: | Article |
| Language: | English English |
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Taylor & Francis (Routledge)
2009
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| 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 |
| _version_ | 1825945924717772800 |
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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. |
| first_indexed | 2024-03-06T07:39:05Z |
| format | Article |
| id | upm.eprints-16999 |
| institution | Universiti Putra Malaysia |
| language | English English |
| last_indexed | 2024-03-06T07:39:05Z |
| publishDate | 2009 |
| publisher | Taylor & Francis (Routledge) |
| record_format | dspace |
| 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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