Stock prices, exchange rates and causality in Malaysia : a note

• Main Authors: Azman Saini, W.N.W., Habibullah, M.S., Dayang Affizzah, Awang Marikan, Law, Siong Hook
• 格式: Working Paper
• 语言: English
• 出版: Economic Division 2006
• 主题: HB Economic Theory; HG Finance
• 在线阅读: http://ir.unimas.my/id/eprint/1274/1/stock%20prices%2C%20exchange%20rates.pdf; http://ir.unimas.my/id/eprint/1274/; http://mpra.ub.uni-muenchen.de/656/

This article contributes to the debate on stock prices and exchange rates in Malaysia. It examines causal relations using a new Granger non-causality test proposed by Toda and Yamamoto (Journal of Econometrics, 66, 225-50, 1995). Among the findings of interest, there is a feedback interaction betwee...