Dore, Mohammed; Makken, Roelof; Eastman, Erik - In: Atlantic Economic Journal 41 (2013) 3, pp. 215-224
We specify a vector autoregression (VAR) model for the U.S. for 1980–2008 to investigate the statistical causal relationships between private non-residential fixed investment, the effective Federal funds rate, personal consumption expenditures, nonfinancial corporate profits, and the...