Differential impact of monetary policy: a sectoral approach
The proposition tested in the thesis is that actual money growth is not systematically related to output growth of selected manufacturing sectors. Given that money growth is found to be non-neutral, two further tests are undertaken. First, I test the rational expectations hypothesis that only unex...
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Format: | Others |
Language: | en_US |
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Virginia Polytechnic Institute and State University
2017
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Online Access: | http://hdl.handle.net/10919/74813 |