Movement Control Order Policy to Prevent the Spread of COVID-19 and Its Impact on Quarterly Growth and Its Components in Malaysia: A Synthetic Control Method for Policy Evaluation
Basem Ertim
· Tamat Sarmidi
· Norlin Khalid
· Mohd Helmi Ali
·Asian Economics Letters ·2022
In an attempt to mitigate the effects of COVID-19, the Malaysian government imposed the Movement Control Order (MCO). To address the adverse impacts of the MCO policy, the Malaysian government initiated a series of recovery plans for both f...
Estimating Fiscal Reaction Functions in Malaysia, Thailand and the Philippines
Evan Lau
· Alvina Lee Syn-Yee
·Jurnal Ekonomi Malaysia ·2018
As with most of the world economy, the 2008/09 global financial crisis has brought massive impacts on Southeast Asian economies. The debt/GDP ratios in most economies rose significantly, thus putting the spotlight again on fiscal sustainabi...
Export-led Growth Hypothesis in Malaysia: New Evidence Using Disaggregated Data of Exports
Y. Amjad
· N.A.M Naseem
· W.N.W. Azman-Saini
· Tajul Ariffin Masron
· K. Kriskkumar
·Jurnal Ekonomi Malaysia ·2018
Export has been considered as main contributor to economic growth in which also known as export-led growth (ELG) hypothesis. The purpose of this study is to identify the export-led growth nexus in Malaysia. Specifically, this study focuses...
Household Indebtedness: How global and Domestic Macro-economic Factors Influence Credit Card Debt Default in Malaysia
May Jin Theong
· Ahmad Farid Osman
· Su Fei Yap
·Institutions and Economies ·2018 ·JEL: E20; E32; E37; E44; E51; G21
Malaysia has one of the highest household debts relative to gross domestic product in the Asia region. High indebted households have negative net worth and prone to default even during mild shocks. In most economies including Malaysia, hous...
The Impacts of Monetary and Fiscal Policies on Economic Growth in Malaysia, Singapore and Thailand
Chai-Thing Tan
· Azali Mohamed
· Muzafar Shah Habibullah
· Lee Chin
·South Asian Journal of Macroeconomics and Public Finance ·2020 ·JEL: E52, E58, E62, C01
This article analyses the impact of monetary and fiscal policies on economic growth in Malaysia, Singapore and Thailand from 1980:Q1 to 2017:Q1. Autoregressive distributed lag (ARDL) approach is employed to determine the long-run relationsh...
Evaluation of monetary policy: Evidence of the role of money from Malaysia
Abdelkader O.El Alaoui
· Hashim Bin Jusoh
· Sheila Ainon Yussof
· Mohamed Hisham Hanifa
·Quarterly Review of Economics and Finance ·2019
This paper, for the best of our knowledge, is the first attempt to assess the role of money in the Malaysian economy using wavelet techniques. To do so, a macroeconomic model-based policy rules has been formulated. In relation with the recu...
Financial Vulnerability and Economic Dynamics in Malaysia
Tai-Hock Kuek
· Chin-Hong Puah
· M. Affendy Arip
·Journal of Central Banking Theory and Practice ·2020 ·JEL: C11, C32, C58, E44, G01
This study attempts to develop a financial vulnerability indicator serving as a composite indicator for the state of financial vulnerability. The indicator was constructed from 10 variables of macroeconomic, financial and property market by...
Modern Monetary Theory or Islamic Monetary Theory of Value? Evidence from Malaysia'
Adam Abdullah
·Journal of King Abdulaziz University: Islamic Economics ·2020 ·JEL: E12, E31, E42, E52
The purpose of this study is to contrast two recent monetary reform proposals involving the neo-chartalist Modern Monetary Theory (MMT) and the metallist Islamic Monetary Theory of Value (IMTV). Money is the common denominator for all econo...
Influence of economic factors on disaggregated Islamic banking deposits: Evidence with structural breaks in Malaysia
Sakiru Adebola Solarin
· Shawkat Hammoudeh
· Muhammad Shahbaz
·Journal of International Financial Markets, Institutions and Money ·2018 ·JEL: C58; E42; E43; G01; G21
This paper contributes to the existing empirical literature on savings and Islamic banking systems by comprehensively examining the determinants of Islamic banking deposits in Malaysia. Initially, we examine the factors affecting the deposi...
International reserves and trilemma policy convergence in Malaysia
Chee-Hong Law
·Applied Economics Letters ·2018 ·JEL: F21; F31; F40
Some observations have suggested that international reserves contribute to trilemma policy convergence in emerging countries. Nonetheless, this hypothesis needs more solid empirical evidence to determine its validity. This article tests thi...