Determinants of the demand for banknotes in Malaysia a partial least equation (PLS) approach

Determinants of the demand for banknotes in Malaysia a partial least equation (PLS) approach

The objective of this study is to investigate factors influencing the demand for banknotes in Malaysia. The factors examined are Gross Domestic Product (GDP), interest rates, inflation rates, exchange rates and market sentiments. Using data obtained from Bank Negara Malaysia, Malaysian Institute...

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Main Author: Ghazari Amri, Sanusi
Format: Thesis
Language:eng
eng
Published: 2014
Subjects:
HG Finance
Online Access:https://etd.uum.edu.my/4670/1/s810184.pdf
https://etd.uum.edu.my/4670/2/s810184_abstract.pdf
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id my-uum-etd.4670
record_format uketd_dc
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Mazlan, Ahmad Rizal
topic HG Finance
spellingShingle HG Finance
Ghazari Amri, Sanusi
Determinants of the demand for banknotes in Malaysia a partial least equation (PLS) approach
description The objective of this study is to investigate factors influencing the demand for banknotes in Malaysia. The factors examined are Gross Domestic Product (GDP), interest rates, inflation rates, exchange rates and market sentiments. Using data obtained from Bank Negara Malaysia, Malaysian Institute of Economic Research and Department of Statistics, Malaysia for the periods from Q1 2007 to Q2 2014 and analyzed using Partial Least Squares (PLS) method, the study found that, out of the five factors, only GDP and interest rates have significant influence on the demand for banknotes in Malaysia. The R2 value of 94% indicates that the five variables explain over 90% of the changes in the demand for banknotes in Malaysia. This study contributes to allowing Bank Negara Malaysia to predict more accurately the banknote demand behavior and consequently helps them to propose appropriate policy actions in order to manage the cash supply chains more efficiently
format Thesis
qualification_name Master of Philosophy (MPhil)
qualification_level Master's degree
author Ghazari Amri, Sanusi
author_facet Ghazari Amri, Sanusi
author_sort Ghazari Amri, Sanusi
title Determinants of the demand for banknotes in Malaysia a partial least equation (PLS) approach
title_short Determinants of the demand for banknotes in Malaysia a partial least equation (PLS) approach
title_full Determinants of the demand for banknotes in Malaysia a partial least equation (PLS) approach
title_fullStr Determinants of the demand for banknotes in Malaysia a partial least equation (PLS) approach
title_full_unstemmed Determinants of the demand for banknotes in Malaysia a partial least equation (PLS) approach
title_sort determinants of the demand for banknotes in malaysia a partial least equation (pls) approach
granting_institution Universiti Utara Malaysia
granting_department Othman Yeop Abdullah Graduate School of Business
publishDate 2014
url https://etd.uum.edu.my/4670/1/s810184.pdf
https://etd.uum.edu.my/4670/2/s810184_abstract.pdf
_version_ 1747827777311080448
spelling my-uum-etd.46702022-05-23T01:09:00Z Determinants of the demand for banknotes in Malaysia a partial least equation (PLS) approach 2014 Ghazari Amri, Sanusi Mazlan, Ahmad Rizal Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HG Finance The objective of this study is to investigate factors influencing the demand for banknotes in Malaysia. The factors examined are Gross Domestic Product (GDP), interest rates, inflation rates, exchange rates and market sentiments. Using data obtained from Bank Negara Malaysia, Malaysian Institute of Economic Research and Department of Statistics, Malaysia for the periods from Q1 2007 to Q2 2014 and analyzed using Partial Least Squares (PLS) method, the study found that, out of the five factors, only GDP and interest rates have significant influence on the demand for banknotes in Malaysia. The R2 value of 94% indicates that the five variables explain over 90% of the changes in the demand for banknotes in Malaysia. This study contributes to allowing Bank Negara Malaysia to predict more accurately the banknote demand behavior and consequently helps them to propose appropriate policy actions in order to manage the cash supply chains more efficiently 2014 Thesis https://etd.uum.edu.my/4670/ https://etd.uum.edu.my/4670/1/s810184.pdf text eng public https://etd.uum.edu.my/4670/2/s810184_abstract.pdf text eng public mphil masters Universiti Utara Malaysia Abd Karim, M. Z., & Tang, B. G. (2004). Stock prices, foreign opportunity cost and money demand in Malaysia: A Cointegration and Error Correction Model approach. Jurnal Ekonomi Malaysia, 38, 29–62. Abdul Majid, M. Z. (2007). Causality link between money, output and prices in Malaysia: An empirical re-examination. Applied Econometrics and International Development, 7(1), 211–220. Abdulkheir, A. Y. (2013). 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