This is essentially a three-part thesis on money demand, bank credit and real exchange rates in Malaysia. Long and short run real money demand functions with money variously defined as MO, M1 and M2 have been estimated using the Johansen cointegration technique and the error correction approach...

This paper primarily seeks to establish whether long- and short-run relationships prevail between fiscal deficits on one hand and inflation and economic growth on the other in a developing economy such as Malaysia. The Malaysian economy has gained international acclaim as one of the successfully...