Purpose - The study examines the impact of real exchange rates and asymmetric real exchange rates on real stock prices in Malaysia, the Philippines, Singapore, Korea, Japan, the United Kingdom (UK), Germany, Hong Kong and Indonesia. Design/methodology/approach - This study uses the asymmetric...

Purpose: The purpose of this paper is to examine the impact of real exchange rate misalignment on economy and economic sectors, namely construction, manufacturing and mining and quarrying in Malaysia. Design/methodology/approach: The equilibrium real exchange rate and economic models are...

In theory, countries with floating exchange rates and perfect capital mobility should have monetary independence. At the other extreme, countries with pegged exchange rates may completely lose monetary independence. This is the open-economy trilemma. Countries are not possible to combine...

Purpose – The purpose of this study is to examine real exchange rate misalignment and economic growth in Malaysia. Design/methodology/approach – The result of the autoregressive distributed lag (ARDL) approach and the generalized forecast error variance decomposition. Findings – The result...

Purpose – The purpose of this study is to examine real exchange rate misalignment and economic growth in Malaysia. Design/methodology/approach – The result of the autoregressive distributed lag (ARDL) approach and the generalized forecast error variance decomposition. Findings – The result...