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Testing the Long-Run Neutrality of Money:The Case of Japan, South Korea and Taiwan

Chen, Shyh-Wei; Hsu, Wen-Lin - In: Journal of Economics and Management 5 (2009) 1, pp. 1-27

This paper examines the short-run and long-run neutrality of money using methodology suggested by King and Watson (1997) on quarterly data from South Korea and Taiwan (King and Watson (1997), Testing Long-Run Neutrality, Federal Reserve Bank of Richmond Economic Quarterly, 83(3), 69-103). A body...

Persistent link: https://www.econbiz.de/10008555932

Social Welfare Expenditure, Human Capital, and Economic Growth: Evidence from Taiwan

Lee, Chien-Chiang; Chang, Chun-Ping - In: Journal of Economics and Management 3 (2007) 2, pp. 225-247

Can extending social welfare expenditures promote economic growth? This issue has been discussed extensively, with some research pointing to net benefits while others find a net negative impact. Insight can be gained by careful analysis of several sub-questions. For example, for two countries...

Persistent link: https://www.econbiz.de/10008555977