Hedge funds, exchange rates and causality: evidence from Thailand and Malaysia

• المؤلفون الرئيسيون: Wan Ngah, Wan Azman Saini, Lau, Evan Poh Hock, Abdul Karim, Zulkefly
• التنسيق: مقال
• اللغة: English
• منشور في: Routledge 2010
• الوصول للمادة أونلاين: http://psasir.upm.edu.my/id/eprint/14990/1/Hedge%20funds%2C%20exchange%20rates%20and%20causality%20evidence%20from%20Thailand%20and%20Malaysia.pdf; http://psasir.upm.edu.my/id/eprint/14990/; https://www.tandfonline.com/doi/abs/10.1080/13504850701748883

This article contributes to the debate on hedge funds and exchange rates in Thailand and Malaysia. It provides the first empirical evidence on causal relation between hedge funds and exchange rates. Using a new Granger noncausality procedure proposed by Toda and Yamamoto (1995) and monthly data for...