Money-price relation in Malaysia : has it disappeared or strengthened?
The paper analyzes empirically the money-price link for the case of Malaysia using quarterly data from 1978 to 2006. Looking at the correlations between cyclical components of monetary aggregates (M1, M2 and M3) and of the price level, we note that the significant correlations documented between mon...
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| Main Author: | |
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| Format: | Article |
| Language: | English English |
| Published: |
Springer Netherlands
2010
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| Online Access: | http://psasir.upm.edu.my/id/eprint/15721/1/Money.pdf http://psasir.upm.edu.my/id/eprint/15721/ |
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| Institution: | Universiti Putra Malaysia |
| Language: | English English |