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On the empirical relevance of the Lucas critique : the case of euro area money demand

Dreger, Christian; Wolters, Jürgen - In: Empirica : journal of european economics 43 (2016) 1, pp. 61-82

Persistent link: https://www.econbiz.de/10011647713

Monetary policy does matter : control causality and superexogeneity

Perez, Stephen J. - In: Oxford bulletin of economics and statistics 64 (2002) 5, pp. 473-486

Persistent link: https://www.econbiz.de/10001741985

Monetary Policy Does Matter : Control Causality and Superexogeneity

Perez, Stephen J. - 2003

In this paper, the sufficiency of superexogeneity for control causality is exploited in the case of monetary policy and … real output. The superexogeneity of the formulation of monetary policy for the real output gap is tested and found to be …

Persistent link: https://www.econbiz.de/10014091919

On the stability of the Phillips Curve in Nigeria : does the Lucas Critique apply?

Tule, Moses Kpughur; Adeleke, Adegoke Ibrahim - In: West African journal of monetary and economic integration 19 (2019) 2, pp. 45-70

This study seeks to examine the stability of the Phillips Curve in Nigeria, as well as to ascertain the applicability of the popular Lucas Critique to the Phillips Curve in Nigeria. Using quarterly data from 1990Q1 to 2018Q3, the model is estimated with robust OLS that accounts for possible...

Persistent link: https://www.econbiz.de/10013348461