Testing long-run neutrality of money: evidence from Malaysian stock market
This paper presents the empirical evidence on the long-run neutrality (LRN) of money in the stock market in Malaysia using seasonal adjusted monthly data from 1978:1 to 1999:12 based on the bivariate ARIMA framework developed by Fisher and Seater (1993). Besides the main stock index, the sectoral st...
| Main Authors: | , , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
Universiti Malaysia Sarawak, (UNIMAS)
2006
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| Subjects: | |
| Online Access: | http://ir.unimas.my/id/eprint/3245/ http://ir.unimas.my/id/eprint/3245/7/Testing.pdf |