INTERACTIONS OF SHORT-TERM AND LONG-TERM INTEREST RATES IN MALAYSIAN DEBT MARKETS: APPLICATION OF ERROR CORRECTION MODEL AND WAVELET ANALYSIS

The study examines the key determinant of short- and long-term interest rates within the framework of term structure of interest rate theory. The study employs both error correction model (ECM) and wavelet analysis on these two important economic variables. Using time series data from January 2005 t...

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