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Freie Universität Berlin >
Fachbereich Wirtschaftswissenschaft, Freie Universität Berlin >
Diskussionsbeiträge, FB Wirtschaftswissenschaft, FU Berlin >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/28073
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Berger, Helge | | en_US |
| dc.contributor.author | | Österholm, Pär | | en_US |
| dc.date.accessioned | | 2008-07-09 | | en_US |
| dc.date.accessioned | | 2009-09-25T13:28:45Z | | - |
| dc.date.available | | 2009-09-25T13:28:45Z | | - |
| dc.date.issued | | 2008 | | en_US |
| dc.identifier.isbn | | 3938369787 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/28073 | | - |
| dc.description.abstract | | In this note, we use multivariate models estimated with Bayesian techniques and an out-ofsample approach to investigate whether money growth Granger-causes output growth in the United States. We find surprisingly strong evidence for a money-output link over the 1960-2005 period. However, further analysis indicates that this result is likely to be misleading; after the Great moderation, the Granger-causal role of money appears to have vanished completely. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Freie Univ., Fachbereich Wirtschaftswiss. Berlin | | en_US |
| dc.relation.ispartofseries | | Diskussionsbeiträge des Fachbereichs Wirtschaftswissenschaft der Freien Universität Berlin 2008/7 | | en_US |
| dc.subject.jel | | E47 | | en_US |
| dc.subject.jel | | E52 | | en_US |
| dc.subject.jel | | C53 | | en_US |
| dc.subject.jel | | C32 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Bayesian VAR | | en_US |
| dc.subject.keyword | | out-of-sample forecasting | | en_US |
| dc.subject.keyword | | granger causality | | en_US |
| dc.subject.keyword | | money | | en_US |
| dc.subject.keyword | | output | | en_US |
| dc.subject.keyword | | federal reserve | | en_US |
| dc.subject.keyword | | Volcker | | en_US |
| dc.subject.stw | | Geldpolitik | | en_US |
| dc.subject.stw | | Geldmenge | | en_US |
| dc.subject.stw | | Gesamtwirtschaftliche Produktion | | en_US |
| dc.subject.stw | | Konjunktur | | en_US |
| dc.subject.stw | | VAR-Modell | | en_US |
| dc.subject.stw | | Kausalanalyse | | en_US |
| dc.subject.stw | | Schätzung | | en_US |
| dc.subject.stw | | USA | | en_US |
| dc.title | | Does money still matter for U.S. output? | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 571534899 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| dc.identifier.repec | | RePEc:zbw:fubsbe:20087 | | - |
| Appears in Collections: | | Diskussionsbeiträge, FB Wirtschaftswissenschaft, FU Berlin
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