Money, output and the United States’ inter-war financial crisis : an empirical analysis
In the first essay of this thesis I test long-run monetary neutrality (LRMN) using the longhorizon approach of Fisher and Seater [18]. Using United States' data on M 2 and Net National Product they reject LRMN for the sample 1869-1975. However, I show that this result is not robust to the us...
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| Language: | English |
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2009
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| Online Access: | http://hdl.handle.net/2429/8553 |
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