Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/211546 
Erscheinungsjahr: 
1989
Schriftenreihe/Nr.: 
Bank of Finland Discussion Papers No. 11/1989
Verlag: 
Bank of Finland, Helsinki
Zusammenfassung: 
This paper studies the Granger causality between money, output, prices and nominal interest rates by making use of long time series from 11 countries. Empirical analyses, both in the time and frequency domain, suggest that money does not help in predicting movements in output over time. In fact, only in the cases of Canada, Italy and Norway there seems to exist a unidirectional causation from money to real output. A quite different result emerges with money and prices. Thus, typically causation runs from money to prices during the sample period.
Persistent Identifier der Erstveröffentlichung: 
ISBN: 
951-686-195-4
Dokumentart: 
Working Paper

Datei(en):
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