Reassessing The Stability of Broad Money Demand in Malaysia

This paper re-examines the money demand in Malaysia covering the period from 1974 to 2001, a period characterised by various events particularly the financial sector liberalisation, changes in monetary framework and currency crises. Our results support the existence of fairly stable long-run money demand function despite the various changes and developments in the economy. However, there is an evidence of instability in short-run money demand. On this ground, the monetary targeting framework in Malaysia seems to be appropriate at least in the 1990s and monetary aggregate continue to be a useful longer-term indicator in the formulation of monetary policy.money demand, cointegration, error-correction, Malaysia

Predicting Output and Inflation in Less Developed Financial Markets Using the Yield Curve: Evidence from Malaysia

This paper investigates the role of the term spread to predict domestic output and inflation in less developed financial market with the focus on Malaysia bond market. By controlling for past values of the dependent variable, this paper finds that the term spread of various bond maturities contain relevant information about future output and inflation at short horizons. Besides that, we employ a probit model to assess the ability for the yield curve to predict future economic slowdown. The results suggest that the term spread has contributed significantly in the probability of predicting future economic slowdown. Despite the under-developed bond market, the findings point to the potential for bond yields to play a greater role in monetary analysis beyond conventional indicators. From the policy point of views, the results from our analysis suggest that there is a significant potential for incorporating more technical and model based approaches using the yield curve beyond the usual indicator analysis.Term spread, Forecasting, Monetary Policy, Malaysia

SOURCES OF ASIAN CURRENCY CRISIS

This study examines the sources of currency crises in ASEAN. The empirical findings indicate that reserve inadequacy, increase of bank’s claims on private sector, deteriorating trade balance and misalignment of real exchange rate increase the probability of a speculative attack on a currency. The results also suggest that the currency crises could be contagious. The significant variables are closely related to the external factors and thus, indicate the openess of the ASEAN-4 economy. Hence, we could conclude that there is a linkage between the economic fundamentals and currency crises in ASEANcurrency crisis, Asian, probit

Measuring Monetary Conditions in A Small Open Economy: The Case of Malaysia

The paper explores the measurement of monetary condition in Malaysia to augment the existing monetary policy framework. As an open economy, Monetary Condition Index (MCI) and Financial Condition Index (FCI) are applicable to understand the monetary condition especially in the era of financial deregulation and liberalisation. The results obtained suggest that the index is most useful when the exchange market exhibits stable conditions, and would be a constructive tool in the simultaneous management of the foreign currency and domestic money markets. However, the frequent experience of instability caused by supply and demand shocks with persistent and large inertia in the economy complicates the practical use of MCI and FCI in Malaysia. While this approach obviously does not provide answers to every question and as a leading indicator for inflation, it nonetheless makes it possible to measure the monetary condition in the Malaysian economy.Monetary condition index, Monetary Policy, Malaysia

فلسفة العقوبة في الشريعة الإسلامية والقانون الوضعي عرض وموازنة = Exposition and comparison of the philosophy of punishment in Islamic and positive laws = Eksposisi dan perbandingan falsafah hukuman dalam undang-undang Islam dan positif

In this paper light is shed on the philosophy of punishment in Islamic and positive laws and a comparison between them is accomplished. In brief, the conclusion of the exposition and comparison is that issue of infallibility of Sharʑah and its nobleness are the distinguishing marks between Islamic and positive laws. This led to further differences. The first difference is that the punishment in positive laws is in accordance with the stipulated goal, that is, the goal is set first and then the punishment is formulated in that light. That is why whenever any new school of thought appears based on some ideology, differences emerge in punitive legislation. Islamic penal system is, however, immutable and infallible. There is a need to know its objectives and wisdom so as to in order to tackle new emerging issues. The nobility of the philosophy of punishment in Islamic law stems from the nobility of its source and that is no one but the Creator of human beings. The punishment in the positive law, on the other hand, relies on the philosophy that is based on the experiences of the authors of these laws. And these experiences are limited and their rulings are relativistic. Applying Islamic legal punishments are, therefore, more legitimate, even though their essence and philosophy are not fully grasped

Real valued negative selection for anomaly detection in wireless ad hoc networks

Wireless ad hoc network is one of the network technologies that have gained lots of attention from computer scientists for the future telecommunication applications. However it has inherits the major vulnerabilities from its ancestor (i.e., the fixed wired networks) but cannot inherit all the conventional intrusion detection capabilities due to its features and characteristics. Wireless ad hoc network has the potential to become the de facto standard for future wireless networking because of its open medium and dynamic features. Non-infrastructure network such as wireless ad hoc networks are expected to become an important part of 4G architecture in the future. In this paper, we study the use of an Artificial Immune System (AIS) as anomaly detector in a wireless ad hoc network. The main goal of our research is to build a system that can learn and detect new and unknown attacks. To achieve our goal, we studied how the real-valued negative selection algorithm can be applied in wireless ad hoc network network and finally we proposed the enhancements to real-valued negative selection algorithm for anomaly detection in wireless ad hoc network

Direct growth of hexagonal BN films on various substrates and induction of ZnO nanorod array for piezoelectric nanogenerators

近年来，随着二维材料受到广泛的关注，六角氮化硼(h-BN)由于其类石墨烯的层状晶体结构，且拥有独特的特性，如宽禁带(6.0eV)、高的热稳定性(>800ºC)、强机械强度等，成为新型材料研究的热点。在短波长光电器件、高功率和高频率电子器件的开发和需求日益提升的过程中，h-BN薄膜材料研究中也面对了几个关键性、挑战性的难题：其一，大规模生产的新型光电子器件对所需的二维材料有了更高的要求，强烈需要一个大尺寸（晶圆尺寸以上）的薄膜合成，特别是在大小有限的反应腔体中合成大尺寸的h-BN薄膜；其二，为了和成熟的半导体工艺和新型纳米材料结合，如何在不同类型的衬底上或者纳米材料的表面直接生长h-B...In recent years, hexagonal boron nitride (h-BN) has been a very attractive 2D material because of its layered crystalline structure like graphene and especially many outstanding properties such as wide bandgap (6.0 eV), high thermal stability (> 800 ºC), strong mechanical strength and so on. During the recent studies, three most challenging issues have been widely concerned for h-BN projects....学位：理学博士院系专业：物理科学与技术学院_凝聚态物理学号：1982012015410

PENGARUH PENGGUNAAN JEJARING SOSIAL FACEBOOK TERHADAP KEPRIBADIAN SISWA KELAS X DI MADRASAH ALIYAH NEGERI CILEDUG - KABUPATEN CIREBON

ABDUL MAJID : Penggunaan Jejaring Sosial Facebooktelah menjadi gaya hidup yang cukup efektif dalam, promosi, hiburan mencari informasi, bersosialisasi dan pengetahuan yang semua itu besar – kecilnya memberi pengaruh terhadap kepribadian siswa terutama dalam promosi, namun dilapangan ditemukan pengaruh pada diri siswa seperti merasa benar dan hebat daripada orang lain, narsisme, dan egois. Penelitian ini bertujuan untuk memperoleh gambaran mengenai : 1) kepribdian siswa pengguna jejaring sosial facebook.2) pola penggunaan jejaring sosial facebook, 3) seberapa besar pengaruh penggunaan jejaring sosial facebookterhadap kepribadian siswa. Kepribadian atau karakter adalah segala tindakan psikis atau psikologis berupa ucapan, perilaku yang tampak atau tidak nampak yang dilakukan individu terdiri atas aspek kognisi, afeksi dan psikomotorik. Dengan mengamati faktor yang mempengaruhi kepribadian diantaranya oleh teknologi informasi dalam hal ini yaitu media sosial facebook, diharapkan dapat diketahui seberapa besar pengaruhnya terhadap kepribadian siswa kelas X di Madrasah Aliyah Negeri Ciledug – Kabupaten Cirebon Penelitian ini menggunakan metode kuantitatif, teknik pengumpulan data yaitu angket, wawacara dan dokumentasi. Teknis analisis yang digunakan yaitu koefisien korelasi Product Moment, uji signifikasi dengan uji t, dan koefisien determinasi. Studi penelitian dilakukan pada siswa kelas X di Madrasah Aliyah Negeri Ciledug – Kabupaten Cirebon Hasil penelitian menunjukan adanya pengaruh yang rendah antara penggunaan jejaring sosial facebookterhadap kepribadian siswa kelas X di Madrasah Aliyah Negeri Ciledug – Kabupaten Cirebon, hal tersebut dibuktikan dengan data hasil pengolahan statistik bahwa diperoleh koefisien korelasi r = 0,247, setelah dikonfirmasikan dengan korelasi maka dikatakan rendah. Pada uji signifikansi melalui uji t, diperoleh thitung sebesar 2,08 dan ttabel sebesar 1,671. Dengan demikian thitung lebih besar daripada ttabel(2,08>1,671). Artinya terdapat pengaruh antara variabel X dengan variabel Y tetapi rendah. Dan pada uji koefisien determinasi diperoleh nilai 5,76%. Hal ini menunjukan bahwa pengaruh penggunaan jejaring sosial facebookterhadap kepribadian siswa kelas X di Madrasah Aliyah Negeri Ciledug – Kabupaten Cirebon sebesar 5,76% dan sisanya yaitu 94,24% dipengaruhi oleh faktor lain. Kata Kunci: Jejaring Sosial Facebook,Kepribadian Siswa

PERUSAHAAN DAN INVESTMENT OPPORTUNITY SET (IOS) TERHADAP NILAI PERUSAHAAN (Studi Empiris pada Perusahaan Asuransi yang Terdaftar di Bursa Efek Indonesia)

Penelitian ini bertujuan untuk menguji pengaruh struktur modal, profitabilitas, ukuran perusahaan, dan investment opportunity set terhadap nilai perusahaan. Jenis penelitian ini digolongkan sebagai penelitian yang bersifat kausal komparatif (causal-comparative research). Populasi dari penelitian ini adalah perusahaan asuransi yang terdaftar di Bursa Efek Indonesia (BEI) periode Tahun 2013 – 2016. Sampel dalam penelitian dengan kriteria yang ditentukan, sehingga di peroleh 12 perusahaan (48 firm year) yang memenuhi kriteria. Data diperoleh melalui Galeri Investasi Bursa Efek Indonesia (STIESIA) Surabaya. Teknik analisis data dengan menggunakan uji asumsi klasik, regresi berganda dan uji hipotesis. Hasil pengujian hipotesis membuktikan bahwa; 1) Struktur modal berpengaruh positif dan signifikan terhadap nilai perusahaan; 2) Profitabilitas berpengaruh berpengaruh positif dan signifikan terhadap nilai perusahaan; 3) Ukuran perusahaan berpengaruh negatif dan signifikan terhadap nilai perusahaan; 4) investment opportunity set berpengaruh positif dan signifikan terhadap nilai perusahaan

PENGARUH PENGGUNAAN ELEKTROOSMOSIS TERHADAP TEKANAN AIR PORI PADA TANAH LEMPUNG Effect of Electroosmosis Usage on Pore Water Pressure of Clay Soil

ABSTRAK Tanah lempung dengan kadar air tinggi kurang memenuhi syarat sebagai tempat mendirikan suatu bangunan. Tanah lempung pada kondisi tersebut mempunyai plastisitas yang tinggi, daya dukung yang rendah dan permeabilitas tanah yang rendah sehingga penurunan yang besar dalam waktu yang lama. Elektroosmosis adalah salah satu metode perbaikan tanah lempung dengan pengaturan drainase menggunakan arus listrik searah (DC) secara langsung. Tujuan dari penelitian ini adalah untuk mengetahui pengaruh penggunaan elektroosmosis terhadap tekanan air pori pada tanah lempung. Metode elektroosmosis dibuat dalam bentuk model fisik di laboratorium. Bahan elektroda adalah tembaga yang mempunyai konduktivitas listrik yang tinggi, yaitu sebesar 6 x 107 . Model elektroosmosis dalam bentuk box ukuran 30 x 30 x 15 cm dengan variasi beda potensial 0, 3,6, 9 dan 12 volt. Uji elektroosmosis diberi perlakuan tanpa preloading dan preloading. Pengamatan yang dilakukan adalah ketinggian muka air tanah untuk mendapatkan nilai tekanan air pori dengan pengamatan setiap 24 jam selama 3 hari pengujian. Hasil penelitian menunjukkan bahwa semakin tinggi beda potensial yang diberikan pada uji model elektroosmosis kondisi tanpa preloading dan dengan preloading semakin besar dan semakin cepat penurunan tekanan air pori dengan penurunan terbesar terjadi pada beda potensial 12 Volt. Pada kondisi tanpa preloading dan preloading, p enurunan tekanan air pori terbesar dan tercepat terjadi di daerah anoda. Uji model elektroosmosis pada kondisi preloading mengalami penurunan tekanan air pori yang lebih besar dan lebih cepat daripada kondisi tanpa preloading. Kata kunci : elektroosmosis, preloading, tekanan air pori ABSTRACT Clay soil with high water content less qualified as place to establish a building. It has a high plasticity , low bearing capacity and low soil permeability so that the huge derivation in a long time. Electroosmosis is one of clay soil treatment method with drainage control using direct current (DC) directly . The purpose of this work is to study the effect of the electroosmosis usage on pore water pressure of the clay soil. In this work, e lectroosmosis treatment was conducted in physical models in the laboratory. Electrode materials is copper , which is high electrical conductivity metal 6 x 107 . Electroosmosis model was formed in box size of 30 x 30 x 15 cm . The potential of current was varied as with a variation of of 0, 3, 6, 9 and 12 volts. Electroosmosis test was conducted in with and without preloading . The observed parameter was the water level that indicated pore water pressure of clay soil during 24 hours for 3 days of testing. The results showed that the higher the potential was applied in electroosmosis model test for without preloading and with preloading the faster and the more reduction of pore water pressure with the most reduction of p ore water pressure was recordered on 12 volt. For both condition,with preloading and without preload ing condition , t he most reduction and fastest pore water pressure ocur ed in the anode region. Electroosmosis model test in preloading condition recordered bigger and faster pore water pressure reduction than without preloading. Keywords: electroosmosis, preloading, pore water pressur