The Relevance of monetary aggregates for monetary policy Purposes in Malaysia
This paper analyses the long-run neutrality (LRN) of money on real output in Malaysia using a reduced form ARIMA model developed by Fisher and Seater (1993). Empirical results are sensitive to the type of data used. Low frequency data are generally more supportive of the neutrality hypothesis. Contr...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Institute for Development Studies (Sabah)
2002
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| Subjects: | |
| Online Access: | http://ir.unimas.my/18677/ http://ir.unimas.my/18677/ http://ir.unimas.my/18677/7/The%20Relevance%20of%20Monetary%20Aggregates%20%28abstract%29.pdf |