Revisiting Money Demand In Malaysia: Simple-Sum Versus Divisia Monetary Aggregates

This paper attempts to determine whether Divisia Monetary Aggregates is a superior monetary instrument in Malaysia where monetary targeting has been replaced by interest rate targeting due to the inadequacy of the monetary aggregates in predicting imperative economic activities. Is there any discer...

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Bibliographic Details
Main Authors: Puah, Chin Hong, Leong, Choi Meng, Shazali, Abu Mansor, Lau, Evan
Format: Proceeding
Language:English
Published: 2008
Subjects:
Online Access:http://ir.unimas.my/id/eprint/18580/
http://ir.unimas.my/id/eprint/18580/3/REVISITING%20MONEY%20DEMAND%20IN%20MALAYSIA%20%28abstract%29.pdf