Long-run monetary neutrality: Evidence from high inflation countries

被引：0

作者：

Telatar, E ^{[1
]}

Cavusoglu, T

机构：

[1] Hacettepe Univ, Dept Econ, TR-06100 Ankara, Turkey

[2] Hacettepe Univ, Dept Publ Finance, TR-06100 Ankara, Turkey

来源：

EKONOMICKY CASOPIS | 2005年 / 53卷 / 09期

关键词：

long-run neutrality; inflation;

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The aim of this paper is to investigate issues of long-run neutrality and long-run superneutrality of money using data of high inflation countries (Argentina, Brazil, Ecuador, Mexico, Uruguay and Turkey). It is found that money is long-run neutral but not superneutral with respect to real output for Argentina and Uruguay indicating that money growth has a negative effect on real output. The long-run superneutrality holds for Brazil, Mexico and Turkey. The long-run neutrality is rejected for Ecuador.

引用

页码：895 / 910

页数：16

共 50 条

[31] Nonparametric and semiparametric evidence on the long-run effects of inflation on growth
Vaona, A.
Schiavo, S.
[J]. ECONOMICS LETTERS, 2007, 94 (03) : 452 - 458
[32] Testing the long-run neutrality and superneutrality of money in a developing country: Evidence from Iran
Iranmanesh, Nasim
Jalaee, Sayyed Abdolmajid
[J]. METHODSX, 2021, 8
[33] Cross-country evidence on long-run growth and inflation
Clark, TE
[J]. ECONOMIC INQUIRY, 1997, 35 (01) : 70 - 81
[34] Long-run impacts of inflation across sectors in a small sample of countries
Hineline, David R.
[J]. APPLIED ECONOMICS, 2010, 42 (10) : 1197 - 1207
[35] The long-run validity of the monetary exchange rate model for a high inflation country and misalignment - The case of Turkey
Civcir, I
[J]. EMERGING MARKETS FINANCE AND TRADE, 2004, 40 (04) : 84 - 100
[36] Evidence of the Long-Run Neutrality of Money: The Case of South Korea and Taiwan
Chen, Shyh-Wei
[J]. ECONOMICS BULLETIN, 2007, 3
[37] Inflation crises and long-run growth
Bruno, M
Easterly, W
[J]. JOURNAL OF MONETARY ECONOMICS, 1998, 41 (01) : 3 - 26
[38] INFLATION, TAXATION, AND LONG-RUN GROWTH
DEGREGORIO, J
[J]. JOURNAL OF MONETARY ECONOMICS, 1993, 31 (03) : 271 - 298
[39] Short-run and long-run determinants of income inequality: evidence from 16 countries
Bahmani-Oskooee, Mohsen
Hegerty, Scott W.
Wilmeth, Harvey
[J]. JOURNAL OF POST KEYNESIAN ECONOMICS, 2008, 30 (03) : 463 - 484
[40] On the determinants of long-run inflation uncertainty: Evidence from a panel of 17 developed economies
Conrad, Christian
Hartmann, Matthias
[J]. EUROPEAN JOURNAL OF POLITICAL ECONOMY, 2019, 56 : 233 - 250

← 1 2 3 4 5 →