The dynamic relationships of macroeconomic variables and stock index : study of Malaysia and Singapore

Malaysia and Singapore once used to be under the same ruling and sharing the stock exchange. However, the split of Malaysia and Singapore causes the stock exchange to split too and both countries move into different direction of economic development. Malaysia is known as the Emerging Tiger and Singa...

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Main Author: Yap, Sarah Siong Yen
Format: Final Year Project Report / IMRAD
Language:English
Published: Universiti Malaysia Sarawak, (UNIMAS) 2012
Subjects:
Online Access:http://ir.unimas.my/id/eprint/10187/
http://ir.unimas.my/id/eprint/10187/4/Sarah%28fulltext%29.pdf
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author Yap, Sarah Siong Yen
author_facet Yap, Sarah Siong Yen
author_sort Yap, Sarah Siong Yen
building UNIMAS Institutional Repository
collection Online Access
description Malaysia and Singapore once used to be under the same ruling and sharing the stock exchange. However, the split of Malaysia and Singapore causes the stock exchange to split too and both countries move into different direction of economic development. Malaysia is known as the Emerging Tiger and Singapore is the Asian Tiger. Therefore, this paper will serve to find out the dynamic relationships of the variables using the Efficiency Market Hypothesis (EMH) theory. The dynamic relationships will be measure using the long run and short run relationship which will be examine using the Johansen and Juselius Cointegration Test and Granger causality Test respectively. The variables of study are included the Industrial Production Index, Consumer Price Index, Real Effective Exchange Rate and Stock Index. The outcome of this paper suggests that both of the stoCK markets are infonnational ineffici~ncy.
first_indexed 2025-11-15T06:28:21Z
format Final Year Project Report / IMRAD
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institution Universiti Malaysia Sarawak
institution_category Local University
language English
last_indexed 2025-11-15T06:28:21Z
publishDate 2012
publisher Universiti Malaysia Sarawak, (UNIMAS)
recordtype eprints
repository_type Digital Repository
spelling unimas-101872024-03-14T08:22:36Z http://ir.unimas.my/id/eprint/10187/ The dynamic relationships of macroeconomic variables and stock index : study of Malaysia and Singapore Yap, Sarah Siong Yen HC Economic History and Conditions Malaysia and Singapore once used to be under the same ruling and sharing the stock exchange. However, the split of Malaysia and Singapore causes the stock exchange to split too and both countries move into different direction of economic development. Malaysia is known as the Emerging Tiger and Singapore is the Asian Tiger. Therefore, this paper will serve to find out the dynamic relationships of the variables using the Efficiency Market Hypothesis (EMH) theory. The dynamic relationships will be measure using the long run and short run relationship which will be examine using the Johansen and Juselius Cointegration Test and Granger causality Test respectively. The variables of study are included the Industrial Production Index, Consumer Price Index, Real Effective Exchange Rate and Stock Index. The outcome of this paper suggests that both of the stoCK markets are infonnational ineffici~ncy. Universiti Malaysia Sarawak, (UNIMAS) 2012 Final Year Project Report / IMRAD NonPeerReviewed text en http://ir.unimas.my/id/eprint/10187/4/Sarah%28fulltext%29.pdf Yap, Sarah Siong Yen (2012) The dynamic relationships of macroeconomic variables and stock index : study of Malaysia and Singapore. [Final Year Project Report / IMRAD] (Unpublished)
spellingShingle HC Economic History and Conditions
Yap, Sarah Siong Yen
The dynamic relationships of macroeconomic variables and stock index : study of Malaysia and Singapore
title The dynamic relationships of macroeconomic variables and stock index : study of Malaysia and Singapore
title_full The dynamic relationships of macroeconomic variables and stock index : study of Malaysia and Singapore
title_fullStr The dynamic relationships of macroeconomic variables and stock index : study of Malaysia and Singapore
title_full_unstemmed The dynamic relationships of macroeconomic variables and stock index : study of Malaysia and Singapore
title_short The dynamic relationships of macroeconomic variables and stock index : study of Malaysia and Singapore
title_sort dynamic relationships of macroeconomic variables and stock index : study of malaysia and singapore
topic HC Economic History and Conditions
url http://ir.unimas.my/id/eprint/10187/
http://ir.unimas.my/id/eprint/10187/4/Sarah%28fulltext%29.pdf