Tang, Maggie May-Jean; Puah, Chin-Hong; Awang Marikan, … - Volkswirtschaftliche Fakultät, … - 2013
By employing Fisher and Seater’s (1993) long-run neutrality test, the researchers tested the monetary neutrality proposition in Singapore for the period of 1980-2009. Empirical findings show that monetary neutrality does not hold in Singapore when both the simple-sum money and Divisia money...