IDEAS home Printed from https://ideas.repec.org/a/mth/raee88/v9y2017i4p1-24.html
   My bibliography  Save this article

Macroeconomic Uncertainty in South East Asia: A Comparative Study between Malaysia and Indonesia

Author

Listed:
  • Yee Peng Chow
  • Junaina Muhammad
  • Bany Ariffin Amin Noordin
  • Fan Fah Cheng

Abstract

This paper examines the historical pattern of macroeconomic uncertainty of two developing countries in the South East Asia, namely Malaysia and Indonesia. Comparisons of macroeconomic uncertainty are also made between both countries using a selected number of indicators for macroeconomic volatility. We find that while both countries were affected by similar external sources of macroeconomic uncertainty, these countries were also subject to domestic sources of macroeconomic uncertainty which were confined to the particular country. The analyses also reveal that Indonesia experienced more fluctuations compared to Malaysia when macroeconomic uncertainty is measured by volatility as a macroeconomic outcome and domestic sources of macroeconomic volatility. Contrarily, Malaysia displayed greater fluctuations than Indonesia when macroeconomic uncertainty is measured by external sources of macroeconomic volatility. Policy implications are drawn from the findings.

Suggested Citation

  • Yee Peng Chow & Junaina Muhammad & Bany Ariffin Amin Noordin & Fan Fah Cheng, 2017. "Macroeconomic Uncertainty in South East Asia: A Comparative Study between Malaysia and Indonesia," Research in Applied Economics, Macrothink Institute, vol. 9(4), pages 1-24, December.
  • Handle: RePEc:mth:raee88:v:9:y:2017:i:4:p:1-24
    as

    Download full text from publisher

    File URL: http://www.macrothink.org/journal/index.php/rae/article/view/11187
    Download Restriction: no

    File URL: http://www.macrothink.org/journal/index.php/rae/article/view/11187
    Download Restriction: no

    References listed on IDEAS

    as
    1. Takeshi Inoue & Yuki Toyoshima & Shigeyuki Hamori, 2013. "Inflation Targeting In South Korea, Indonesia, The Philippines And Thailand: The Impact On Business Cycle Synchronization Between Each Country And The World," World Scientific Book Chapters,in: Global Linkages and Economic Rebalancing in East Asia, chapter 5, pages 85-108 World Scientific Publishing Co. Pte. Ltd..
    2. Inoue, Takeshi & Toyoshima, Yuki & Hamori, Shigeyuki, 2012. "Inflation targeting in Korea, Indonesia, Thailand, and the Philippines : the impact on business cycle synchronization between each country and the world," IDE Discussion Papers 328, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    Full references (including those not matched with items on IDEAS)

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mth:raee88:v:9:y:2017:i:4:p:1-24. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Technical Support Office) The email address of this maintainer does not seem to be valid anymore. Please ask Technical Support Office to update the entry or send us the correct email address. General contact details of provider: http://www.macrothink.org/journal/index.php/rae .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.