Long-run neutrality of money in the Mexican economy
The long-run neutrality of money on real output is tested for Mexico using a model developed by Fisher and Seater. The empirical evidence supports the neutrality hypothesis. The results are robust for both M1 and M2 and an alternative model specification.
Year of publication: |
1999
|
---|---|
Authors: | Wallace, Frederick |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 6.1999, 10, p. 637-639
|
Publisher: |
Taylor & Francis Journals |
Saved in:
freely available
Saved in favorites
Similar items by person
-
Purchasing power parity in Mexico: a historical note
Wallace, Frederick, (2011)
-
Further evidence regarding nonlinear trend reversion of real GDP and the CPI
Shelley, Gary, (2010)
-
The Real Exchange Rate, Regime Changes and Volatility Shifts
Ventosa-Santaularia Gomez, Daniel Ventosa-Santaularia, (2013)
- More ...