Since 2014
Liberalizing the Malaysian Stock Market
Economic Journal of Emerging Markets
View Archive Info| Field | Value | |
| Title |
Liberalizing the Malaysian Stock Market
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| Creator |
Said, Fathin Faizah
Mansur, Mustazar Karim, Zulkefli Abdul |
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| Description |
This paper tries to examine the effect of the volatility that might arises as a result of capital flows according to market opening prior to December 1985 Malaysia case. There-fore, many economists and policy makers concern about the risks associated with the open-ing and globalizing of the markets. Our findings show that stock return becomes less volatile, implying lower return offered to the investors. On the other hand, we proved that globaliza-tion do not reveal any risk to the inflation rate. In contrast, currency return becomes riskier after globalization. Ultimately, we conclude that integrated or liberalized capital flows will affect national policy in stabilizing the domestic economics.JEL Classifications: C22, G12, G18.Keywords: Liberalization, capital market, volatility, Univariate Grach-M.
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| Publisher |
Universitas Islam Indonesia
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| Contributor |
—
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| Date |
2009-06-22
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
https://journal.uii.ac.id/JEP/article/view/508
10.20885/vol12iss2aa508 |
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| Source |
Economic Journal of Emerging Markets; Volume 12 Issue 2, 2007
2502-180X 2086-3128 |
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| Language |
eng
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| Relation |
https://journal.uii.ac.id/JEP/article/view/508/420
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