Results 1 to 10 of about 180,216 (179)
An Evaluation of the Non-Neutrality of Money. [PDF]
This paper evaluates the effect of a change in the quantity of money on relative prices in the U.S. economy based on quarterly time-series for the period of 1959 to 2013.
Tito Belchior Silva Moreira +3 more
doaj +5 more sources
Menu Costs and the Neutrality of Money [PDF]
A model of endogenous price adjustment under money growth is presented. Firms follow (s,S) pricing policies, and price revisions are imperfectly synchronized. In the aggregate, price stickiness disappears, and money is neutral. The connection between firm price adjustment and relative price variability in the presence of monetary growth is also ...
Andrew S. Caplin, Daniel F. Spulber
core +5 more sources
New Approach to Explain Neutrality of Money
This paper presents a new explanation of neutrality of money in general case, regardless of the duration. It is based on the CMI-model of macroeconomic dynamics, which proposes the fundamental relationship between the efficiency of the use of production ...
Alexander Bandura
doaj +3 more sources
Long Run Neutrality of Money in Mexico [PDF]
The Fisher-Seater (FS) methodology is used to investigate long run money neutrality with respect to real GDP and real output in ten selected industries in Mexico. Size distortions and low power of the FS test, issues first raised by Coe and Nason (2003, 2004), are addressed using the Coe-Nason bootstrapping procedure.
Frederick H.Wallace, Gary L. Shelley
openaire +2 more sources
This paper investigates the long-run money neutrality (LMN) and long-run money superneutrality (LMSN) hypothesis for both the industry sector and the entire Iranian economy by using the data of 1979–2018 and applying Fisher and Seater's (1993) ARIMA ...
Nasim Iranmanesh +1 more
doaj +1 more source
Limited participation and the neutrality of money [PDF]
Money
Stephen D. Williamson
openaire +2 more sources
IS LONG-RUN MONETARY NEUTRAL? EVIDENCE FROM INDONESIA
This paper examines the long-run monetary neutrality in Indonesia, mainly using annual time-series during 1970-2007. It uses Fisher-Seater methodology to analyze the research problems.
Arintoko Arintoko
doaj +7 more sources
Money neutrality: Rethinking the myth [PDF]
Considered as an axiomatic basis of classical, neoclassical, and monetarist theories, the long-run money neutrality assumption does not always seem to be verified.
Issaoui Fakhri +2 more
doaj +1 more source
Modeling Credit Emission in a Growing Economy: Long-Term Effects and Excesses [PDF]
According to experts, the factor of monetary emission has not been studied enough among the factors which influence the emergence of long-period economic cycles. The neutrality of money is one of the reasons of long-period cycles.
Sergey Y. MALKOV +1 more
doaj +1 more source

