Baharumshah, Ahmad Zubaidi; Mohd, Siti Hamizah; Yol, … - In: Journal of International Financial Markets, … 19 (2009) 1, pp. 171-187
This paper investigates the relationship between stock prices and the real money demands for China within a cointegrated framework. This study reports two important results. First, test results reveal that a stable long-term relationship exists between broad money (M2) and its determinants...