Implications of Endogenous Money Growth for Some Tests of Superneutrality and the Fisher Effect
Superneutrality of money and the Fisher Effect are well-known theoretical propositions. Empirical tests of long-run versions of these hypotheses have sometimes been done by estimating how a variable responds to a permanent shock to inflation. Substituting inflation for money growth in a test for su...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Pontificia Universidad Católica del Perú
2022-08-01
|
| Series: | Economía |
| Online Access: | https://revistas.pucp.edu.pe/index.php/economia/article/view/25647 |