This paper employs a capital asset pricing model that incorporates both world and trading-bloc factors to show that the recent trend of trade regionalism has led to segmentation of world stock markets. The model is developed within a multivariate GARCH framework. The conditional time-varying...

The relevance of bank lending channel for the transmission process of monetary policy in Malaysia is investigated using the autoregressive-distributed lag (ARDL) model. The newly developed bounds test (Pesaran, et al. 2001) is employed to determine the specification of this model. Deposits tend...

This paper provides evidence to show that the interest rate regime adopted by the monetary authority plays an important role in determining the effectiveness of the transmission mechanism of monetary policy via bank lending channel using Malaysian data. As part of the strategy to deal with the...

This study attempts to model the growth behavior of the number of publications and patents of South Korea, Taiwan, Japan and Malaysia. Three competing growth functions, namely, simple logistic growth function, bi-logistic growth function and logistic function within a dynamic carrying capacity...

Recent development saw concerted efforts by emerging countries to transform their industrial-based economy to post-industrial knowledge-based economy. The growth of science and technology is necessary to support this economic transformation strategy. Based on the concept of functionality...

Historical prices information has not been exhaustively exploited in forecasting the 10-minute-ahead Composite Index of the Malaysian stock market. A simple model incorporating intraday seasonality can have lower forecast errors than a random walk. Improved accuracy is achieved when time-varying...