Puah, Chin-Hong; Habibullah, Muzafar Shah; Lim, Kian-Ping - Volkswirtschaftliche Fakultät, … - 2006
This paper presents the empirical evidence on the long-run neutrality (LRN) of money in the stock market in Malaysia using seasonal adjusted monthly data from 1978:1 to 1999:12 based on the bivariate ARIMA framework developed by Fisher and Seater (1993). Besides the main stock index, the...