Publication: Monetary growth effects on the US economy
Loading...
Files
Official URL
Full text at PDC
Publication Date
1988
Authors
Advisors (or tutors)
Editors
Journal Title
Journal ISSN
Volume Title
Publisher
Facultad de Ciencias Económicas y Empresariales. Decanato
Abstract
This paper has been motivated by recent work of Treadway et al.(1986) about monetary growth effects on the spanish economy.
Treadway et al. proposed a theoretical framework to deal with monetary phenomena. We employ this theoretical framework to elaborate, with yearly data (1953-1983), a simple model for the U.S. economy, and study the monetary growth effects on this economy. We study Monetary Neutrality, Monetary Superneutrality, and Lack of Monetary Effects.
The organization of this paper is as follows: Section I states the above hypothesis. Section II describes the theoretical framework. Section III is dedicated to the estimation process results. Finally Section IV summarizes the main conclusions.
Description
UCM subjects
Keywords
Citation
Flores, R. 1987. Análisis Econométrico sobre la Incidencia de la EconomÃa de EE.UU. y EconomÃa Mundial sobre la EconomÃa Española. Phd Disertation. Facultad de Ciencias Económicas de la Universidad Complutense de Madrid.
Treadway, A.B. et al. 1986. Los Efectos de la Expansión Monetaria sobre la EconomÃa Real Española. Madrid: Fundación Ramón Areces.