Cointegration and causality between overnight policy rate and commercial bank rate / Abdul Razak Jambari, Azizah Daut and Noranita Abdamia

Jambari, Abdul Razak and Daut, Azizah and Abdamia, Noranita (2012) Cointegration and causality between overnight policy rate and commercial bank rate / Abdul Razak Jambari, Azizah Daut and Noranita Abdamia. In: 8th Academic Conference, ACCON 2012 UiTM Cawangan Johor, 2 - 4 November 2012, Bukit Gambang Resort City, Pahang.

Abstract

Monetary economics theory suggests that certain commercial bank rate variables should be linked by a long-run equilibrium relationship. Although the commercial bank rate may drift away from equilibrium for a while, government actions may be expected to restore equilibrium. The purpose of this study is to investigate the cointegration and causal relationship between Overnight Policy Rate (OPR) and the commercial bank rate Conventional bank rate and Islamic bank rate). The evidence generally supports the existence of long run relationship between the variables.

Metadata

Item Type: Conference or Workshop Item (Paper)
Creators:
Creators
Email / ID Num.
Jambari, Abdul Razak
UNSPECIFIED
Daut, Azizah
UNSPECIFIED
Abdamia, Noranita
UNSPECIFIED
Contributors:
Contribution
Name
Email / ID Num.
Editor
Jangga, Rohani
UNSPECIFIED
Editor
Jalaluddin, Ainol Hasanal
UNSPECIFIED
Editor
Soo, Carolyn Kum Yoke
UNSPECIFIED
Editor
Sain, Noridah
UNSPECIFIED
Subjects: H Social Sciences > HG Finance > Banking
H Social Sciences > HG Finance > Interest rates
Divisions: Universiti Teknologi MARA, Johor
Event Title: 8th Academic Conference, ACCON 2012 UiTM Cawangan Johor
Event Dates: 2 - 4 November 2012
Keywords: Overnight Policy Rate, Commercial Bank rate, Causality, UiTM Cawangan Johor
Date: 2012
URI: https://ir.uitm.edu.my/id/eprint/54149
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