US Monetary-Fiscal Policy Mix Evidence from a Quatrovariate VECM
This study investigates the effectiveness of monetary and fiscal policies in the US by employing cointegration and a quatrovariate Vector Error Correction Model together with Granger causality tests. Two models are estimated: (i) nominal national income, the ten-year government bond yield, and two p...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Universiti Utara Malaysia Press
2011
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| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/25041/1/IJBS%208%202%202011%2040%2067.pdf |