A note on the relationships between the stock market and macroeconomic variables in Malaysia: An empirical re-examination of Granger non-causality test
The purpose of the present paper is to determine whether stock returns are leading indicator for future economic activity in Malaysia. In this study we employ the Granger non-causality test recently proposed by Toda and Yamamoto (1995) to test the causal relationships between the KLSE stock prices a...
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Universiti Utara Malaysia
2000
|
| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/784/1/Muzafar_Shah_Habibullah.pdf |