Impact Analysis of Inflation and Unemployment on Economic Growth in Malaysia: A Study from 2000 to 2020
Journal Title: International Journal of Social Science And Human Research - Year 2024, Vol 7, Issue 03
Abstract
This paper analyses the relationship between inflation, unemployment, and economic growth in Malaysia: 2000-2020. Advanced econometric models are used to explore how these macroeconomic variables interact and influence each other within the Malaysian context. The study employs One mixture method approach, combining quantitative and qualitative analyses to provide a comprehensive understanding. The study presents insights into the Malaysian economy, highlighting the relationship between inflation, unemployment, and economic growth. The findings are essential for policymakers and economists, providing evidence-based guidance for effective economic strategies. The study contributes to the knowledge of Malaysian economics and can serve as a model for analyzing similar relationships in other developing economies.
Authors and Affiliations
Lubocheng
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