Assessing the mechanism of oil price fluctuation and fiscal policy response in the Malaysian economy

• Main Author: Yusoff N.Y.M.
• Other Authors: 55812094300
• Format: Article
• Published: Penerbit Universiti Kebangsaan Malaysia 2023
• Subjects: Dynamic effect; Fiscal policy; Malaysia; Oil price shock; Volatility
• Institution: Universiti Tenaga Nasional

The present paper analyzes the effects of oil price fluctuation on the economy; and fiscal policy response to the Malaysian economy. The data are analyzed utilizing a co-integration test, variance decomposition (VDC) and impulse response function (IRF) analysis under the unrestricted vector autoregr...