Monetary shifts and co-movements in spending, growth, and inflation: Evidence from developing and advanced countries

Using annual data, the paper studies the time-series evidence regarding the allocation of monetary growth shifts between demand components, real growth and price inflation in a sample of developing and advanced countries. The evidence reveals patterns of interaction between demand shifts and the rea...

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Bibliographic Details
Main Author: Magda Kandil
Format: Article
Language:English
Published: Elsevier 2015-06-01
Series:Borsa Istanbul Review
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2214845015000113