LONG-RUN NEUTRALITY AND SUPERNEUTRALITY IN AN ARIMA FRAMEWORK

被引：17
|
作者：
FISHER, ME [1 ]
SEATER, JJ [1 ]
机构：
[1] N CAROLINA STATE UNIV,DEPT ECON,RALEIGH,NC 27695
来源：
AMERICAN ECONOMIC REVIEW | 1993年 / 83卷 / 03期
关键词：
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We (i) formalize long-run neutrality (LRN) and long-run superneutrality (LRSN) in the context of a bivariate ARIMA model, (ii) show how the restrictions implied by LRN and LRSN depend on the orders of integration of the variables, (iii) apply our analysis to previous work, showing how that work is related to LRN and LRSN, and (iv) provide some new evidence on LRN and LRSN.
引用
收藏
页码：402 / 415
页数：14
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