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The Fisher and Seater (1993) methodology is used to test for the long run neutrality of money in Guatemala, 1950-2001. Real GDP, real per capita GDP, and the money measures, M1 and M2, are integrated of order one [I (l)]. Given these orders of integration, the Fisher-Seater neutrality test can...
Persistent link: https://www.econbiz.de/10010840360