Testing Long-Run Neutrality Of Money In A Developing Economy
Monetary aggregates movements and their influence on domestic economy are important and essential to policymakers and researchers. To the policymakers, the influence and the existence of special relationship between monetary aggregates and other macroeconomic variables are important in designing pol...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Giordano Dell-Amore Foundation
2002
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| Subjects: | |
| Online Access: | http://ir.unimas.my/id/eprint/18669/ http://ir.unimas.my/id/eprint/18669/7/testing%20long%20run%20neutrality%20of%20money%20%28abstract%29.pdf |
| Summary: | Monetary aggregates movements and their influence on domestic economy are important and essential to policymakers and researchers. To the policymakers, the influence and the existence of special relationship between monetary aggregates and other macroeconomic variables are important in designing policies such as to curb inflation pressure, stimulating economic growth and reduce unemployment problem. On the other hand, the researchers may use these aggregates and the irrelations with macroeconomic variables to estimate a complex macro model of an economy. |
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