Money demand and the role of foreign financial variables : evidence from Engle-Granger and ARDL approach / Muhammad Azmin Shahari
This paper focused on studies about the role of foreign financial variable to the money demand in Malaysia. The major research question of the research is that whether the money demand (M2) will be influenced by the financial variables such as the Foreign (US) Interest Rate (LIBOR) and the nominal e...
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| Format: | Student Project |
| Language: | en |
| Published: |
2012
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| Online Access: | https://ir.uitm.edu.my/id/eprint/72005/1/72005.pdf https://ir.uitm.edu.my/id/eprint/72005/ |
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| _version_ | 1833075025633083392 |
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| author | Shahari, Muhammad Azmin |
| author_facet | Shahari, Muhammad Azmin |
| author_sort | Shahari, Muhammad Azmin |
| building | Tun Abdul Razak Library |
| collection | Institutional Repository |
| content_provider | Universiti Teknologi Mara |
| content_source | UiTM Institutional Repository |
| continent | Asia |
| country | Malaysia |
| description | This paper focused on studies about the role of foreign financial variable to the money demand in Malaysia. The major research question of the research is that whether the money demand (M2) will be influenced by the financial variables such as the Foreign (US) Interest Rate (LIBOR) and the nominal exchange rate. Every single variable in this study were being tested by using unit root test, such as the Philip-Peron (PP). A co-integration test approach being done by using Engle-Granger (the residual approach of cointegration) and Autoregressive Distributive Lagged (ARDL) to finds a single cointegration relation among the variables, are conducted on quarterly data over 1998:Q1 to 2011:Q4. The result will exactly justify answering the previous research. |
| format | Student Project |
| id | my.uitm.ir-72005 |
| institution | Universiti Teknologi Mara |
| language | en |
| publishDate | 2012 |
| record_format | eprints |
| spelling | my.uitm.ir-720052023-03-13T00:16:20Z https://ir.uitm.edu.my/id/eprint/72005/ Money demand and the role of foreign financial variables : evidence from Engle-Granger and ARDL approach / Muhammad Azmin Shahari Shahari, Muhammad Azmin Interest rates Foreign exchange. Foreign exchange rates Foreign investments. Country risk This paper focused on studies about the role of foreign financial variable to the money demand in Malaysia. The major research question of the research is that whether the money demand (M2) will be influenced by the financial variables such as the Foreign (US) Interest Rate (LIBOR) and the nominal exchange rate. Every single variable in this study were being tested by using unit root test, such as the Philip-Peron (PP). A co-integration test approach being done by using Engle-Granger (the residual approach of cointegration) and Autoregressive Distributive Lagged (ARDL) to finds a single cointegration relation among the variables, are conducted on quarterly data over 1998:Q1 to 2011:Q4. The result will exactly justify answering the previous research. 2012 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/72005/1/72005.pdf Money demand and the role of foreign financial variables : evidence from Engle-Granger and ARDL approach / Muhammad Azmin Shahari. (2012) [Student Project] (Unpublished) |
| spellingShingle | Interest rates Foreign exchange. Foreign exchange rates Foreign investments. Country risk Shahari, Muhammad Azmin Money demand and the role of foreign financial variables : evidence from Engle-Granger and ARDL approach / Muhammad Azmin Shahari |
| title | Money demand and the role of foreign financial variables : evidence from Engle-Granger and ARDL approach / Muhammad Azmin Shahari |
| title_full | Money demand and the role of foreign financial variables : evidence from Engle-Granger and ARDL approach / Muhammad Azmin Shahari |
| title_fullStr | Money demand and the role of foreign financial variables : evidence from Engle-Granger and ARDL approach / Muhammad Azmin Shahari |
| title_full_unstemmed | Money demand and the role of foreign financial variables : evidence from Engle-Granger and ARDL approach / Muhammad Azmin Shahari |
| title_short | Money demand and the role of foreign financial variables : evidence from Engle-Granger and ARDL approach / Muhammad Azmin Shahari |
| title_sort | money demand and the role of foreign financial variables : evidence from engle-granger and ardl approach / muhammad azmin shahari |
| topic | Interest rates Foreign exchange. Foreign exchange rates Foreign investments. Country risk |
| url | https://ir.uitm.edu.my/id/eprint/72005/1/72005.pdf https://ir.uitm.edu.my/id/eprint/72005/ |
| url_provider | http://ir.uitm.edu.my/ |