The behavior of Malaysian stock market: evidence from nonlinear unit root test

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The behavior of Malaysian stock market: evidence from nonlinear unit root test

This paper reexamines the efficient hypothesis using monthly Kuala Lumpur stock price data for the period January 1970 to August 2009, using the nonlinear unit root test procedure recently developed by Kapetanios et al. (2003) in addition to the linear unit root test with and without structural brea...

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Bibliographic Details
Main Authors:	Abdul Manap, Turkhan Ali, Omar, Mohd. Azmi
Format:	Proceeding Paper
Language:	English
Published:	2010
Subjects:	H Social Sciences (General) HG4501 Stocks, investment, speculation
Online Access:	http://irep.iium.edu.my/12216/ http://irep.iium.edu.my/12216/1/A_nonlinear_Unit_Test_on_Malaysian_Stock_Price_IREP.pdf

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