Money and inflation in Malaysia: an analysis of causality (1970-92)
This paper investigates the causal relationship between money supply and rate of inflation using Malaysian data for the period 1970-92. The Granger methodology was adopted and results generally indicate a bidirectional relationship between money supply and the rate of inflation. In specific, money s...
| Main Authors: | , |
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| Format: | Conference or Workshop Item |
| Language: | English |
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Universiti Putra Malaysia
1994
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| Online Access: | http://psasir.upm.edu.my/id/eprint/47454/ http://psasir.upm.edu.my/id/eprint/47454/1/Money%20and%20inflation%20in%20Malaysia%20an%20analysis%20of%20causality%20%281970-92%29.pdf |
| _version_ | 1848850820867555328 |
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| author | Abdullah, Ahmad Zainuddin Yusof, Zulkornain |
| author_facet | Abdullah, Ahmad Zainuddin Yusof, Zulkornain |
| author_sort | Abdullah, Ahmad Zainuddin |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | This paper investigates the causal relationship between money supply and rate of inflation using Malaysian data for the period 1970-92. The Granger methodology was adopted and results generally indicate a bidirectional relationship between money supply and the rate of inflation. In specific, money supply causes inflation for all cases (MI, M2 and the various choices of lag-lengths of the independent variable) while inflation causes money supply for all cases except for M₂ at lag 12 and M1 at lag 8 for the equal lag-length analysis.
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| first_indexed | 2025-11-15T10:12:22Z |
| format | Conference or Workshop Item |
| id | upm-47454 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T10:12:22Z |
| publishDate | 1994 |
| publisher | Universiti Putra Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-474542016-05-16T08:12:09Z http://psasir.upm.edu.my/id/eprint/47454/ Money and inflation in Malaysia: an analysis of causality (1970-92) Abdullah, Ahmad Zainuddin Yusof, Zulkornain This paper investigates the causal relationship between money supply and rate of inflation using Malaysian data for the period 1970-92. The Granger methodology was adopted and results generally indicate a bidirectional relationship between money supply and the rate of inflation. In specific, money supply causes inflation for all cases (MI, M2 and the various choices of lag-lengths of the independent variable) while inflation causes money supply for all cases except for M₂ at lag 12 and M1 at lag 8 for the equal lag-length analysis. Universiti Putra Malaysia 1994 Conference or Workshop Item PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/47454/1/Money%20and%20inflation%20in%20Malaysia%20an%20analysis%20of%20causality%20%281970-92%29.pdf Abdullah, Ahmad Zainuddin and Yusof, Zulkornain (1994) Money and inflation in Malaysia: an analysis of causality (1970-92). In: Proceeding of the Seminar of Economics and Management, 18-19 Oct. 1994, Port Dickson, Malaysia. (pp. 1-15). |
| spellingShingle | Abdullah, Ahmad Zainuddin Yusof, Zulkornain Money and inflation in Malaysia: an analysis of causality (1970-92) |
| title | Money and inflation in Malaysia: an analysis of causality (1970-92) |
| title_full | Money and inflation in Malaysia: an analysis of causality (1970-92) |
| title_fullStr | Money and inflation in Malaysia: an analysis of causality (1970-92) |
| title_full_unstemmed | Money and inflation in Malaysia: an analysis of causality (1970-92) |
| title_short | Money and inflation in Malaysia: an analysis of causality (1970-92) |
| title_sort | money and inflation in malaysia: an analysis of causality (1970-92) |
| url | http://psasir.upm.edu.my/id/eprint/47454/ http://psasir.upm.edu.my/id/eprint/47454/1/Money%20and%20inflation%20in%20Malaysia%20an%20analysis%20of%20causality%20%281970-92%29.pdf |