Long Run Neutrality of Money in Mexico

dc.creator	Frederick H. Wallace
dc.creator	Gary L. Shelley
dc.date	2007
dc.date.accessioned	2022-03-22T16:07:44Z
dc.date.available	2022-03-22T16:07:44Z
dc.identifier	http://www.redalyc.org/articulo.oa?id=32316202
dc.identifier.uri	http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/82882
dc.description	The Fisher-Seater (FS) methodology is used to investigate long run money neutrality with respect to real GDP and real output in ten selected industries in Mexico. Size distortions and low power of the FS test, issues first raised by Coe and Nason (2003, 2004), are addressed using the Coe-Nason bootstrapping procedure. The evidence indicates that long run money neutrality can be rejected for real GDP and for up to five of the ten industrial sectors studied. These findings indicate that the effects of monetary policy are likely to differ across sectors even in the long run.
dc.format	application/pdf
dc.language	en
dc.publisher	Centro de Investigación y Docencia Económicas, A.C.
dc.relation	http://www.redalyc.org/revista.oa?id=323
dc.rights	Economía Mexicana. Nueva Época
dc.source	Economía Mexicana. Nueva Época (México) Num.2 Vol.XVI
dc.subject	Economía y Finanzas
dc.subject	money neutrality
dc.subject	Fisher-Seater Test
dc.subject	bootstrapping
dc.title	Long Run Neutrality of Money in Mexico
dc.type	artículo científico