Broad money demand and financial liberalization in Malaysia: an application of the nonlinear learning function and error-correction models

This paper attempts to model the effects of financial liberalization and innovations on the demand for broad money in Malaysia. The nonlinear learning function and error-correction mechanism model were utilized. The results of encompassing tests and dynamic (ex post) simulation confirm the error-cor...

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Bibliographic Details
Main Authors: Mohamed, Azali, Matthews, Kent
Format: Article
Language:English
Published: Universiti Putra Malaysia Press 2001
Online Access:http://psasir.upm.edu.my/id/eprint/3326/1/Broad_Money_Demand_and_Financial_Liberalization_in_Malaysia.pdf