Deev, Oleg; Hodula, Martin - In: Review of Economic Perspectives 16 (2016) 3, pp. 187-203
This article investigates the validity of the money superneutrality concept for the large panel of European economies … framework. For the majority of countries in our sample, the longrun superneutrality concept is confirmed since the original … smaller in-sample inflation mean forms the exception to the long-run money superneutrality. As the result, modern economies …