Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5061791 | Economics Letters | 2009 | 4 Pages |
Abstract
In this note, we use an out-of-sample approach to investigate whether money growth Granger-causes output growth in the United States. We find that after the 'Great moderation,' the Granger-causal role of money appears to have vanished completely.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Helge Berger, Pär Ãsterholm,