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Title: | Inflation and unemployment in Malaysia |
Authors: | Mohd Shahidan, Shaari Mohd Juraij, Abd. Rani Mohammad Shariff, Ismail Nor Ermawati, Hussain shahidanshaari@unimap.edu.my juraijrani@unimap.edu.my shariff@unimap.edu.my iema86_wawa@yahoo.com.my |
Keywords: | Inflation Unemployment Phillips curve Cointegration Vector Error Ccorrection Model (VECM) |
Issue Date: | 20-Nov-2012 |
Publisher: | Malaysian Technical Universities Network (MTUN) |
Citation: | p. 687-692 |
Series/Report no.: | Proceeding of the Malaysian Technical Universities Conference on Engineering and Technology (MUCET) 2012; |
Abstract: | The objective of this paper is to examine the relationship between inflation and unemployment in Malaysia using annually data from 1982 until 2010 and also to see whether the Phillips curve is applicable in Malaysia. This study used the long run cointegration test and short run cointegration test (using vector error correction model, VECM). This study found the negative relationship between inflation and unemployment and this is a normal situation according to Phillips curve. |
Description: | Malaysian Technical Universities Conference on Engineering and Technology (MUCET) 2012 organised by technical universities under the Malaysian Technical Universities Network (MTUN), 20th - 21st November 2012 at Hotel Seri Malaysia, Kangar, Perlis. |
URI: | http://dspace.unimap.edu.my/123456789/29902 |
Appears in Collections: | Conference Papers |
Files in This Item:
File | Description | Size | Format | |
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STM 14.pdf | Access is limited to UniMAP community | 213.33 kB | Adobe PDF | View/Open |
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