Monetary policy, income and prices: a stability assessment
This paper assesses the stability of the money-income relationship for seven OECD countries. When the sample was split into two subsamples: pre- and post-1980, the empirical evidence presented in this paper shows that even if the inferences gathered across countries are not always parallel, the inferences gathered from the VAR specification across the samples for each country are mostly parallel.
Year of publication: |
2002
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Authors: | Berument, Hakan ; Tasci, Hakan |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 9.2002, 10, p. 685-694
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Publisher: |
Taylor & Francis Journals |
Saved in:
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