An Asian Study of the Monetary and Banking Liquidity Impact on Share Prices
Following Friedman’s hypothesis that credit expansion will follow a monetary and liquidity binge, we used data from 1968-2012 in Asia (Japan, Korea, China and India) to explore this hypothesis.Our results from applying single and cointegration equations provided empirical support to the above hypoth...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Universiti Utara Malaysia Press
2016
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| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/24967/1/IJBS%2012%201%202016%201%2030.pdf |