The natural rate of output, supply side potential and the long term sustainable growth band for Malaysia

57 p.

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Bibliographic Details
Main Author:	Lee Wee keong Dennis
Other Authors:	Tan Khee Giap
Format:	Final Year Project
Published:	2014
Subjects:	DRNTU::Business
Online Access:	http://hdl.handle.net/10356/57781
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Institution:	Nanyang Technological University

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spelling	sg-ntu-dr.10356-577812023-05-19T03:30:05Z The natural rate of output, supply side potential and the long term sustainable growth band for Malaysia Lee Wee keong Dennis Tan Khee Giap Nanyang Business School DRNTU::Business 57 p. To achieve a developed country status, Vision 2020 targets to maintain Malaysia's real GDP growth at an annual rate of 8% from 1990 to 2020. The estimation of this long term sustainable growth is crucial for the formulation of macroeconomic policies to prevent either overheating or not optimising the economy. Hence, this paper attempts to estimate the natural rate of unemployment and sustainable growth of Malaysia by employing the Lucas-Sargent aggregate supply function, which is although equivalent to the Price Expectations Augmented Phillips curve (PEP). A structural approach that integrates the goods, labour and money market and the external trade sector specific to the Malaysian economy, with the incorporation of rational expectations into the economy will be used. We aim to establish the initial stage of uncovering this potential growth so that policy makers could tailor the economy along this rate with minimal fluctuations, uncertainty and resource misallocation. BUSINESS 2014-04-07T11:00:03Z 2014-04-07T11:00:03Z 1997 1997 Final Year Project (FYP) http://hdl.handle.net/10356/57781 Nanyang Technological University application/pdf
institution	Nanyang Technological University
building	NTU Library
continent	Asia
country	Singapore Singapore
content_provider	NTU Library
collection	DR-NTU
topic	DRNTU::Business
spellingShingle	DRNTU::Business Lee Wee keong Dennis The natural rate of output, supply side potential and the long term sustainable growth band for Malaysia
description	57 p.
author2	Tan Khee Giap
author_facet	Tan Khee Giap Lee Wee keong Dennis
format	Final Year Project
author	Lee Wee keong Dennis
author_sort	Lee Wee keong Dennis
title	The natural rate of output, supply side potential and the long term sustainable growth band for Malaysia
title_short	The natural rate of output, supply side potential and the long term sustainable growth band for Malaysia
title_full	The natural rate of output, supply side potential and the long term sustainable growth band for Malaysia
title_fullStr	The natural rate of output, supply side potential and the long term sustainable growth band for Malaysia
title_full_unstemmed	The natural rate of output, supply side potential and the long term sustainable growth band for Malaysia
title_sort	natural rate of output, supply side potential and the long term sustainable growth band for malaysia
publishDate	2014
url	http://hdl.handle.net/10356/57781
_version_	1770565695202918400

The natural rate of output, supply side potential and the long term sustainable growth band for Malaysia

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