Series: IMF Working Papers
Author(s): Subramanian Sriram
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 1999
Keywords: Asia, financial system, money demand, cointegration, error-correction, inflation, equation
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 erro...