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

• Main Authors: Azman Saini, W.N.W., Habibullah, M.S., Siong, Hook Law, Dayang Affizzah, Awang Marikan
• 格式: Article
• 語言: English
• 出版: Economic Division 2006
• 主題: HB Economic Theory; HG Finance
• 在線閱讀: http://ir.unimas.my/id/eprint/1789/1/stock%2Bprices%2Bexchange%2Brates%2Band%2Bcasuality%2B%2528abstract%2529%20%281%29.pdf; http://ir.unimas.my/id/eprint/1789/

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...