Facebook Instagram Twitter RSS Feed PodBean Back to top on side

Long-Run Monetary Neutrality: Evidence from High Inflation Countries

In: Ekonomický časopis/Journal of Economics, vol. 53, no. 9
Erdinc Telatar - Tarkan Cavusoglu

Details:

Year, pages: 2005, 895 - 910
Keywords:
long-run neutrality, inflation JEL Classifications: E31, E51
About article:
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.
How to cite:
ISO 690:
Telatar, E., Cavusoglu, T. 2005. Long-Run Monetary Neutrality: Evidence from High Inflation Countries. In Ekonomický časopis/Journal of Economics, vol. 53, no.9, pp. 895-910. 0013-3035.

APA:
Telatar, E., Cavusoglu, T. (2005). Long-Run Monetary Neutrality: Evidence from High Inflation Countries. Ekonomický časopis/Journal of Economics, 53(9), 895-910. 0013-3035.