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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Format: | Article |
Language: | English |
Published: |
Elsevier
2015-06-01
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Series: | Borsa Istanbul Review |
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Online Access: | http://www.sciencedirect.com/science/article/pii/S2214845015000113 |