Toh, Teng Ping (2005) Testing phillips curve effect for Malaysia. [Final Year Project Report / IMRAD] (Unpublished)
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Abstract
The purpose of this study is looking into the long-run relationship between inflation and unemployment rates by testing on the Phillips curve effect in Malaysia. In this study, we used the secondary data, which is quarterly data to test the relationship among inflation and unemployment during the period of 1981 QI to 2003Q4. According to economist Phillips (1958), Phillips curve is inverse relationship between inflation and unemployment rate. That is, Phillips showed that with low unemployment rate will lead to a higher rate of inflation rate, and vice versa. In this study, Augmented Dickey-Fuller (1979) unit root test indicated that the data are stationary in first differences. Engle-Granger and Johansen-Juselius cointegration tests further showed that there is a stable negative relationship between inflation and unemployment in Malaysia. So, government and policy makers should take this into consideration and try to design appropriate policy to enhance our economy performance.
| Item Type: | Final Year Project Report / IMRAD |
|---|---|
| Additional Information: | Project report (B.Sc.) -- Universiti Malaysia Sarawak, 2005. |
| Uncontrolled Keywords: | Phillips curve, relationship, inflation and unemployment |
| Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HB Economic Theory |
| Divisions: | Academic Faculties, Institutes and Centres > Faculty of Economics and Business Faculties, Institutes, Centres > Faculty of Economics and Business |
| Depositing User: | Patrick |
| Date Deposited: | 25 Aug 2025 07:38 |
| Last Modified: | 25 Aug 2025 07:38 |
| URI: | http://ir.unimas.my/id/eprint/49276 |
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