Testing Long-Run Neutrality Of Money In A Developing Economy

Monetary aggregates movements and their influence on domestic economy are important and essential to policymakers and researchers. To the policymakers, the influence and the existence of special relationship between monetary aggregates and other macroeconomic variables are important in designing pol...

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Main Authors: Muzafar Shah, Habibullah, Puah, Chin Hong, Azali, M.
格式: E-Article
语言:English
出版: Giordano Dell-Amore Foundation 2002
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在线阅读:http://ir.unimas.my/id/eprint/18669/7/testing%20long%20run%20neutrality%20of%20money%20%28abstract%29.pdf
http://ir.unimas.my/id/eprint/18669/
http://www.jstor.org/stable/25830792
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总结:Monetary aggregates movements and their influence on domestic economy are important and essential to policymakers and researchers. To the policymakers, the influence and the existence of special relationship between monetary aggregates and other macroeconomic variables are important in designing policies such as to curb inflation pressure, stimulating economic growth and reduce unemployment problem. On the other hand, the researchers may use these aggregates and the irrelations with macroeconomic variables to estimate a complex macro model of an economy.