Effects of macroeconomic variables on stock prices in Malaysia: an approach of error correction model
This paper attempts to examine the short-run and long-run causal relationship between Kuala Lumpur Composite Index (KLCI) and selected macroeconomic variables namely inflation, money supply and nominal effective exchange rate during the pre and post crisis period from 1987 until 1995 and from 1999 u...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Serials Publication
2010
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Subjects: | |
Online Access: | http://irep.iium.edu.my/39860/ http://irep.iium.edu.my/39860/ http://irep.iium.edu.my/39860/1/6-Mohamed_Asmy_Bin%5B1%5D.pdf |