Stock prices and dynamics of aggregate investment: evidence from Malaysia
The paper analyzes empirically the role of stock prices in the aggregate investment function for an emerging market, Malaysia. The neoclassical investment theory that relates investment to output and lending rate and augmented with stock prices is used as an empirical basis. Applying a series of tim...
Saved in:
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
Faculty of Economics and Management, Universiti Putra Malaysia
2008
|
Online Access: | http://psasir.upm.edu.my/id/eprint/39426/1/39426.pdf http://psasir.upm.edu.my/id/eprint/39426/ http://econ.upm.edu.my/ijem/vol2_no2.htm |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Be the first to leave a comment!