Giordani, Paolo (contributor) - 2001 - [Elektronische Ressource], Rev. May 11, 2001
Few propositions in macroeconomics are less controversial than long-run money neutrality, yet clear and robust … proxy for the output gap in the VAR is then shown to drastically increase the evidence for long-run money neutrality on US … data, as predicted by the theoretical analysis. -- long-run money neutrality ; technology shocks ; output gap ; VAR …