This paper investigates the impact of oil price shocks on the Malaysian stock market.The co-integration test results documented zero co-integration equation. This finding implies no long-run relationship between the variables in the system. The causality test which looks at short run dynamic interactions between the variables also documented the same finding where shocks in all types of oil prices do not impose any effect on movements in stock price. This finding leads us to conclude that, a change in oil price(s) has no significant effect on stock market both in the short-run and long-run. These findings also lead us to conclude that, change in oil price, particularly domestic oil price cannot be used as a policy tool in adjusting the stock market in any case shocks in oil price strike again in future...

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The purpose of this study is to identify language influence on students' performance. This study involves 55 undergraduate student who are taking the Economic Principles course at the Sultan Idris Education University. The specific objectives of the study are; to identify the choice of language for the examination, to determine students' exam performance in both languages, and lastly to measure mean score difference by language and by gender. The data are analyzed by using descriptive statistics, paired-sample-test, and one way ANOVA. Comparisons between the mean scores show students perform better in the exam conducted in Malay language compared to exams in English. The result of the paired-sample-test provides indication that there is a significant difference between the two mean scores. The one-way ANOVA test has recorded significant results in the exam conducted in English only. The findings provide two main implications. Firstly, there is a significant difference in students’ pe.....

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This study attempted to show that employment, education, health and income were essential means to reduce poverty incidence with the interference of economic development in Malaysia. Correlation and regression techniques were used to analyze time series data from 1989 to 2020 and panel data across states from 1980 to 2020 in Malaysia. The correlation analysis showed significant positive relationships between the first three means (employment, education and health) and income status. In the regression analysis, economic development, represented by gross domestic product (GDP), significantly reduced poverty incidence. All the findings implied that various economic development programs can help achieve sustainable socio-economic well-being in the country. 2023 The Society of Economics and Development, except certain content provided by third parties...

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Purpose: Despite the vulnerability of rapidly developing and emerging market economies, researchers have paid less attention to the determination of the size of money laundering (ML) in these economies, including the United Arab Emirates (the UAE). Therefore, this paper aims to estimate the magnitude of ML in the UAE between 1975 and 2020 based on the currency demand approach (CDA). Design/methodology/approach: The study uses the Gregory–Hansen cointegration technique alongside the autoregressive distributed lag bounds testing procedure to estimate the CDA model. Findings: The results illustrate that an amount equivalent to about 19.034% of the GDP is laundered in the UAE between 1975 and 2020, on average, with the value lying between 15.129% and 23.121%. In addition, the results demonstrate the importance of the real estate market, gold trade, remittance channels and the size of the underground economy in facilitating the laundering of illicit funds in the country. Originality/value.....

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