Keberkesanan dasar kadar pertukaran tetap dalam mengkesampingkan faktor luar di BSKL

The main purpose of this paper is to analyze the impact of Malaysian selective capital control policy on the international transmission of stock price movement and international market integration. Empirical study was done on two different time regimes, i.e. before capital control (January 1995 unti...

Full description

Bibliographic Details
Main Authors:	Tamat Sarmidi, Abu Hassan Shaari Mohd Nor
Format:	Article
Language:	English
Published:	Penerbit Universiti Kebangsaan Malaysia 2001
Online Access:	http://journalarticle.ukm.my/1753/ http://journalarticle.ukm.my/1753/ http://journalarticle.ukm.my/1753/1/1470-2759-1-SM.pdf

id	ukm-1753
recordtype	eprints
spelling	ukm-17532016-12-14T06:30:09Z http://journalarticle.ukm.my/1753/ Keberkesanan dasar kadar pertukaran tetap dalam mengkesampingkan faktor luar di BSKL Tamat Sarmidi, Abu Hassan Shaari Mohd Nor, The main purpose of this paper is to analyze the impact of Malaysian selective capital control policy on the international transmission of stock price movement and international market integration. Empirical study was done on two different time regimes, i.e. before capital control (January 1995 until May 1997) and after capital control (September 1998 until December 1999). Vector Autoregressive (VAR) model including Johansen-Juselius multivariate cointegration test, vector error-correction model (VECM), and impulse response functions (IRFs) were utilised. The above econometric methods together with ECTs are capable of detecting the impact of external forces on domestic stock markets. The results showed that after the capital control policy was imposed, the integration between equity markets is still maintained with a greater and wilder responses Penerbit Universiti Kebangsaan Malaysia 2001-07 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/1753/1/1470-2759-1-SM.pdf Tamat Sarmidi, and Abu Hassan Shaari Mohd Nor, (2001) Keberkesanan dasar kadar pertukaran tetap dalam mengkesampingkan faktor luar di BSKL. Jurnal Pengurusan, 20 . ISSN 0127-2713 http://www.ukm.my/penerbit/jurus.htm
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Kebangasaan Malaysia
building	UKM Institutional Repository
collection	Online Access
language	English
description	The main purpose of this paper is to analyze the impact of Malaysian selective capital control policy on the international transmission of stock price movement and international market integration. Empirical study was done on two different time regimes, i.e. before capital control (January 1995 until May 1997) and after capital control (September 1998 until December 1999). Vector Autoregressive (VAR) model including Johansen-Juselius multivariate cointegration test, vector error-correction model (VECM), and impulse response functions (IRFs) were utilised. The above econometric methods together with ECTs are capable of detecting the impact of external forces on domestic stock markets. The results showed that after the capital control policy was imposed, the integration between equity markets is still maintained with a greater and wilder responses
format	Article
author	Tamat Sarmidi, Abu Hassan Shaari Mohd Nor,
spellingShingle	Tamat Sarmidi, Abu Hassan Shaari Mohd Nor, Keberkesanan dasar kadar pertukaran tetap dalam mengkesampingkan faktor luar di BSKL
author_facet	Tamat Sarmidi, Abu Hassan Shaari Mohd Nor,
author_sort	Tamat Sarmidi,
title	Keberkesanan dasar kadar pertukaran tetap dalam mengkesampingkan faktor luar di BSKL
title_short	Keberkesanan dasar kadar pertukaran tetap dalam mengkesampingkan faktor luar di BSKL
title_full	Keberkesanan dasar kadar pertukaran tetap dalam mengkesampingkan faktor luar di BSKL
title_fullStr	Keberkesanan dasar kadar pertukaran tetap dalam mengkesampingkan faktor luar di BSKL
title_full_unstemmed	Keberkesanan dasar kadar pertukaran tetap dalam mengkesampingkan faktor luar di BSKL
title_sort	keberkesanan dasar kadar pertukaran tetap dalam mengkesampingkan faktor luar di bskl
publisher	Penerbit Universiti Kebangsaan Malaysia
publishDate	2001
url	http://journalarticle.ukm.my/1753/ http://journalarticle.ukm.my/1753/ http://journalarticle.ukm.my/1753/1/1470-2759-1-SM.pdf
first_indexed	2023-09-18T19:34:14Z
last_indexed	2023-09-18T19:34:14Z
_version_	1777405163705729024

Keberkesanan dasar kadar pertukaran tetap dalam mengkesampingkan faktor luar di BSKL

Similar Items