Velocity and the variability of anticipated and unanticipated money growth in Malaysia

This paper investigates the causal linkages between velocity of money and both anticipated and unanticipated components of money supply growth, and its variability as measured on the Malaysian annual data (1973–94). The motivation is to provide evidence in a developing country context about whether...

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Main Author: Mohamed, Azali
Format: Article
Language:English
Published: Routledge 1996
Online Access:http://psasir.upm.edu.my/id/eprint/42476/1/Velocity%20and%20the%20variability%20of%20anticipated%20and%20unanticipated%20money%20growth%20in%20Malaysia.pdf
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author Mohamed, Azali
author_facet Mohamed, Azali
author_sort Mohamed, Azali
collection UPM
description This paper investigates the causal linkages between velocity of money and both anticipated and unanticipated components of money supply growth, and its variability as measured on the Malaysian annual data (1973–94). The motivation is to provide evidence in a developing country context about whether the authorities should pay attention to signals from anticipated or unanticipated or both components of money supply aggregate. The empirical findings from the VAR model support the hypothesis not only that the components of money supply growth Granger-cause the growth of money velocity but also in its variability measures offer an additional evidence.
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spelling upm.eprints-424762016-04-13T08:06:04Z http://psasir.upm.edu.my/id/eprint/42476/ Velocity and the variability of anticipated and unanticipated money growth in Malaysia Mohamed, Azali This paper investigates the causal linkages between velocity of money and both anticipated and unanticipated components of money supply growth, and its variability as measured on the Malaysian annual data (1973–94). The motivation is to provide evidence in a developing country context about whether the authorities should pay attention to signals from anticipated or unanticipated or both components of money supply aggregate. The empirical findings from the VAR model support the hypothesis not only that the components of money supply growth Granger-cause the growth of money velocity but also in its variability measures offer an additional evidence. Routledge 1996 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/42476/1/Velocity%20and%20the%20variability%20of%20anticipated%20and%20unanticipated%20money%20growth%20in%20Malaysia.pdf Mohamed, Azali (1996) Velocity and the variability of anticipated and unanticipated money growth in Malaysia. Applied Economics Letters, 3 (11). pp. 697-700. ISSN 1350-4851; ESSN: 1466-4291 http://www.tandfonline.com/doi/abs/10.1080/135048596355682?journalCode=rael20 10.1080/135048596355682
spellingShingle Mohamed, Azali
Velocity and the variability of anticipated and unanticipated money growth in Malaysia
title Velocity and the variability of anticipated and unanticipated money growth in Malaysia
title_full Velocity and the variability of anticipated and unanticipated money growth in Malaysia
title_fullStr Velocity and the variability of anticipated and unanticipated money growth in Malaysia
title_full_unstemmed Velocity and the variability of anticipated and unanticipated money growth in Malaysia
title_short Velocity and the variability of anticipated and unanticipated money growth in Malaysia
title_sort velocity and the variability of anticipated and unanticipated money growth in malaysia
url http://psasir.upm.edu.my/id/eprint/42476/1/Velocity%20and%20the%20variability%20of%20anticipated%20and%20unanticipated%20money%20growth%20in%20Malaysia.pdf
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