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Why U.S. Money does not Cause U.S. Output, but does Cause Hong Kong Output
Rodriguez, Gabriel; Rowe, Nicholas - Département d'Économie / Department of Economics, … - 2002
Standard econometric tests for whether money causes output will be meaningless if monetary policy is chosen optimally to smooth fluctuations in output. If U.S. monetary policy were chosen to smooth U.S. output, we show that U.S. money will not Granger cause U.S. output. Indeed, as shown by Rowe...
Persistent link: https://www.econbiz.de/10008491465
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Why U.S. money does not cause U.S. output, but does cause Hong Kong output
Rodriguez, Gabriel; Rowe, Nicholas - In: Journal of International Money and Finance 26 (2007) 7, pp. 1174-1186
Persistent link: https://www.econbiz.de/10005339290
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Why U.S. Money does not Cause U.S. Output, but does Cause Hong Kong Output
Rodriguez, Gabriel; Rowe, Nicholas - Carleton University, Department of Economics - 2001
Standard econometric tests for whether money causes output will be meaningless if monetary policy is chosen optimally to smooth fluctuations in output. If U.S. monetary policy were chosen to smooth U.S. output, we show that U.S. money will not Granger cause U.S. output. Indeed, as shown by Rowe...
Persistent link: https://www.econbiz.de/10005627002
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Why US money does not cause US output, but does cause Hong Kong output
Rodriguez, Gabriel; Rowe, Nicholas - 2001
Persistent link: https://www.econbiz.de/10001646592
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Why US money does not cause US output, but does cause Hong Kong output
Rodriguez, Gabriel; Rowe, Nicholas - 2001
Persistent link: https://www.econbiz.de/10001642482
Cover Image
Why US money does not cause US output, but does cause Hong Kong output
Rodriguez, Gabriel; Rowe, Nicholas - In: Journal of international money and finance 26 (2007) 7, pp. 1174-1186
Persistent link: https://www.econbiz.de/10003565824