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associated with the political instability in Malaysia in recent years, examining the relationship between exchange rate and money … changes on money demand in Malaysia using both linear and nonlinear ARDL approaches. The findings reveal that the money demand …
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This paper analyses demand for M2 in Malaysia from August 1973 to December 1995 under both the closed- and open …-economy framework. Based on the cointegration and weak-exogeneity test results, short-run dynamic error-correction models are specified …
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