Long-Run Neutrality in an Arima Framework: Some Further Evidence.

Ìn this paper I explore the long-run monetary neutrality using the framework developed by Fisher and Seater (1993). I show that their rejection of long-run neutrality in the United States for the 1870-1975 period is not robust to a change in the money aggregate or country.

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Year of publication:	1996
Authors:	Coe, P.
Institutions:	Faculty of Economics, University of Cambridge
Subject:	ECONOMIC CRISIS \| FINANCIAL POLICY

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Series:	Cambridge Working Papers in Economics.
Type of publication:	Book / Working Paper
Notes:	21 pages
Classification:	E4 - Money and Interest Rates ; E5 - Monetary Policy, Central Banking and the Supply of Money and Credit ; N1 - Macroeconomics and Monetary Economics; Growth and Fluctuations
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005783736