In view of the importance of happiness, the present study aims to investigate the sociodemographic determinants of happiness among Penang (Malaysia) adults. An ordered probit model and a primary survey data with a total of 398 observations are used in this study. The results reveal that...

The increased financial disintermediation that characterizes the Malaysia's financial system since the early 1990s has contributed towards changes in the dynamics of monetary transmission mechanism. Using quarterly data from 1980: 1 to 2005: 4, we found a greater effectiveness of monetary policy...