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...
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Universiti Putra Malaysia
1994
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Online Access: | http://psasir.upm.edu.my/id/eprint/47454/1/Money%20and%20inflation%20in%20Malaysia%20an%20analysis%20of%20causality%20%281970-92%29.pdf http://psasir.upm.edu.my/id/eprint/47454/ |
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my.upm.eprints.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). |
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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.
|
format |
Conference or Workshop Item |
author |
Abdullah, Ahmad Zainuddin Yusof, Zulkornain |
spellingShingle |
Abdullah, Ahmad Zainuddin Yusof, Zulkornain Money and inflation in Malaysia: an analysis of causality (1970-92) |
author_facet |
Abdullah, Ahmad Zainuddin Yusof, Zulkornain |
author_sort |
Abdullah, Ahmad Zainuddin |
title |
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_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_sort |
money and inflation in malaysia: an analysis of causality (1970-92) |
publisher |
Universiti Putra Malaysia |
publishDate |
1994 |
url |
http://psasir.upm.edu.my/id/eprint/47454/1/Money%20and%20inflation%20in%20Malaysia%20an%20analysis%20of%20causality%20%281970-92%29.pdf http://psasir.upm.edu.my/id/eprint/47454/ |
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1643833888632471552 |
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13.209306 |