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Money, income and the Lucas critique: the case for Malaysia

The objective of this study is to determine the usefulness of the monetary aggregates in Malaysia for policy action purposes. Money MI and M2 were tested for weak exogeneity, strong erogeneity and superexogeneity (which implies Lucas critique) within a seasonal error-correction model framework. Our...

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Main Authors: Habibullah, Muzafar Shah, Azali, M., Baharumshah, Ahmad Zubaidi
格式: Article
语言:English
出版: Universiti Utara Malaysia 2001
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在线阅读:http://repo.uum.edu.my/431/1/Muzafar_Shah_Habibullah.pdf
http://repo.uum.edu.my/431/
http://ijms.uum.edu.my
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