Azali, M. and Habibullah, Muzafar Shah and Jalal, M.Y. (2001) The effect of cost of credit on money demand: empirical evidence from Malaysia. Analisis, 8 (1&2). pp. 25-35. ISSN 0127-8983
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Official URL: http://ijms.uum.edu.my
Abstract
This paper investigates the dynamic of long-run relationship between cost of credit and real money balances in Malaysia. The Johansen-Juselius (1990) likelihood ratio tests support the importance of the cost of credit in the real broad money demand function. The sample period spans from 1978:q1 through 1997:q4. The results provide empirical evidence for the long-run relationship between cost of credit and broad money balances in Malaysia.
Item Type: | Article |
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Uncontrolled Keywords: | Johansen-Juselius (1990) likelihood ratio test, demand for money, cost of credit, developing country |
Subjects: | H Social Sciences > HG Finance |
Divisions: | UNSPECIFIED |
Depositing User: | Mrs. Norazmilah Yaakub |
Date Deposited: | 28 Sep 2010 10:14 |
Last Modified: | 28 Sep 2010 10:14 |
URI: | https://repo.uum.edu.my/id/eprint/446 |
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