Exchange rate and the demand for money in Malaysia
This paper investigates the long run relationship between exchange rate and money demand in Malaysia. The Johansen:Juselius (1990) likelihood ratio tests support the importance of exchange rate in m2 but not in ml money demand. The Hansen:Johansen (1993) likelihood ratio tests however found some evi...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Universiti Putra Malaysia Press
2000
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| Online Access: | http://psasir.upm.edu.my/id/eprint/3275/1/Exchange_Rate_and_the_Demand_for_Money_in_Malaysia.pdf |