Title of article
Determining long-run neutrality in a partially nonstationary model
Author/Authors
A. Aznar، نويسنده , , C. Domingo، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2006
Pages
7
From page
236
To page
242
Abstract
The objective of this paper is to derive the conditions for long-run neutrality assuming a model with nonstationary variables. First, we derive expressions that account for the long-run differential of a variable on another variable. We then obtain the conditions for long-run neutrality in terms of restrictions on the parameters of what we call the “structural form” of the model
Keywords
cointegration , Long-run neutrality , Long-run effect , Structural form
Journal title
Economics Letters
Serial Year
2006
Journal title
Economics Letters
Record number
435926
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