Showing 1 - 10 of 116
, ie third generation theories, for the crisis episodes in Asia. It also compares the theories and Asian events to …
Persistent link: https://www.econbiz.de/10005556609
This paper studies the time-variant interactions among US stocks, emerging market bonds and US low-grade corporate bonds. All of these assets are characterized by a similar average return, but returns are far from being perfectly correlated. Therefore, investing in these different assets...
Persistent link: https://www.econbiz.de/10005413232
equities fail the test as inflation hedges, as had been quite widely believed, but that they take so long to pass. …
Persistent link: https://www.econbiz.de/10005124935
misalignment of the Ringgit currency and thereby deducing effective policy actions. Second, the effort of Bank Negara Malaysia (BNM … complicated monetary exchange models may do so comfortably, at least in the text of Malaysia. Nonetheless, such attempt should be …
Persistent link: https://www.econbiz.de/10005124933
misalignment of the Ringgit currency and thereby deducing effective policy actions. Second, the effort of Bank Negara Malaysia (BNM … complicated monetary exchange models may do so comfortably, at least in the text of Malaysia. Nonetheless, such attempt should be …
Persistent link: https://www.econbiz.de/10005124941
This study utilizes the windowed-test procedure of Hinich and Patterson (1995) to examine the data generating process of KLSE CI returns series. Unlike previous studies, the present one relates the evidence to the popular weak-form EMH and behavioural finance, with the hope of offering some...
Persistent link: https://www.econbiz.de/10005125068
This paper re-examines the money demand in Malaysia covering the period from 1974 to 2001, a period characterised by … targeting framework in Malaysia seems to be appropriate at least in the 1990s and monetary aggregate continue to be a useful …
Persistent link: https://www.econbiz.de/10005126116
In the financial crisis literature, it is usually argued that, contrary to the case of currency crises, building a time series index to identify banking crisis episodes is highly difficult, particularly because of the lack of reliable data on banking sector variables (non-performing loans,...
Persistent link: https://www.econbiz.de/10005126447
Americas and East Asia in the past two centuries. Between 1830 and 1945, labor-abundant Britain, the most advanced country … was most of East Asia. After WWII, however, with Britain’s decline and the rise of the land-abundant U.S., labor …-abundant East Asia traded more heavily with the U.S. and thus engineered faster growth than did land-abundant Latin America. Factor …
Persistent link: https://www.econbiz.de/10005062412
barriers and other constraining legislations. Malaysia has used them to foster its manufacturing industries, particularly the … positive catalytic effects on the host country. The aim of this essay is to evaluate the EPZs’ impact on Malaysia and see if …) have had on Malaysia and on the electronic industry in particular. This study shows that the EPZ has been a success when it …
Persistent link: https://www.econbiz.de/10005408021