文章基本信息

标题：Exchange Rate and the Demand for Money in Malaysia
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作者：M. Azali ; Ahmad Zubaidi Baharumshah ; Muzafar Shah Habibullah 等
期刊名称：Pertanika Journal of Social Sciences & Humanities
印刷版ISSN：0128-7702
电子版ISSN：2231-8534
出版年度：2000
卷号：8
期号：2
出版社：Universiti Putra Malaysia
摘要：This paper investigates the long run relationship between exchange rate and money demand in Malaysia. The Johansen-Juselius (1990) likelihood ratio tests support the importance of exchange rate in m2 but not in ml money demand. The Hansen-Johansen (1993) likelihood ratio tests however found some evidence of instability in the long run parameters and this could be due to the recent financial crisis in this region. Overall analysis has provided support to the empirical investigation of the relation between exchange rate and money demand.
关键词：Exchange rate; money demand; cointegration tests